You will simply make more money investing down south than you will in the Poconos, and I haven’t had to deal with the kind of issues that my friends deal with in the meth-infested Poconos

They bring in their garbage, break something, and you have to get it cleaned up and repaired.Homeless dragging bed bug infested mattress from where someone dumped it nearby, to sleep next to your building. 

The place was roach infested.

House hack this property for a minimum of 1 year to satisfy VA loan requirement.Rental income from the the 3 bedrooms: ~$2,250 ($750/room includes all utilities; potential for an extra $25 for a garage spot)While house hacking, save up a down payment to purchase a similar property using an FHA loan.ExpensesMortgage: ~2,400Utilities: ~150CapEx: 100 (Roof was done in 2012, water heater may last a few more years and is covered by warranty for first 13 months)Maintenance: 100Total: 2,750Current expenses from renting: ~1500Out of pocket: 500 (equaling 1000 saved per month)Home Inspection Call Outs-Main electrical panel does not have main disconnect (national violation) + exposed wiring in garage-Non fire rated plumbing going through garage firewall for laundry hook ups-Flat spot on roof that shows signs of standing water-Entry way is a trip hazard (hard to explain but will post picture below)-Possible rodent infestation in attic-Windows in 2 bedrooms violate fire egress code (sill is 4 feet high)-Closet doors in 2 bedrooms are oversized preventing full access (again hard to explain but will post picture below)-Backyard sliding door doesn't lock-1 bathroom shower diverter valve doesn't work (pretty cheap fix)-Attic insulation insufficientRepairs/Changes right away that I feel are necessary to make rent ready-Electrical Panel and exposed wiring-Closet Doors-Backyard sliding door-Rodents-Shared bathroom vanity to allow storage (currently a pedestal sink)-Master bathroom shower (for personal comfort.

I had some tenants that were so clueless, they didn't even notice the mice, which became an infestation, and had to get a new oven AS WELL as hiring an exterminator.

There was evidence of previous termites and in one spot there was a small active infestation. 

New York City was a crime infested, dirty, sleezy place and Rudy got the city back in order when he became mayor.

Friends recently bought a home in a drug infested neighborhood.  

I didn't realize it until it too late, but it must have been infested with fleas.  

I actually bought the property hoping it was infested with lead because I knew about the program.