These places will be more expensive, for a reason.Now I do think that there is some opportunity in certain areas of upstate NY for short term rentals, however upstate NY is not a well established travel destination so your occupancy will probably be low and highly seasonal but this method is viable.

My long term goals are to own LTR’s and use the BRRR method.

I am not currently house hacking, but this allows me to rent the home for a profit when we move out in 6 months, which would be impossible if I took out a new loan to purchase.I have blog post on this topic if anyone wants a little more of a deep dive into the powerful strategy of combining these two methods!

Are you looking for a turnkey property that's ready to rent out immediately, or are you interested in a property that needs work, where you can add value and potentially utilize the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method?

If you have equity and positive cash flow in at least one method (STR, MTR, LTR) then you have a decent deal to start digging in to. 

Essentially large sheets of plywood made of timber, these panels provide exceptional structural strength, have a large amount of embodied carbon in them, are aesthetically pleasing, and can speed up construction times.Like many of the newer construction methods and products being used in the US, many building departments are not knowledgeable in the product and may need additional permitting time.

Hi Kevin this is not an uncommon method of investing. 

I am familiar with there BRRRR method though as BP talks about it, which leads me to a Q.This is just an example: If an unkept/foreclosure property was purchased for $100K, in a neighborhood that mostly has houses for $200K, and the investor put in $70K for renos for this value-add, then cash-out refi's at $200K, he/she just made $30K to then apply to another purchase, which seems to be what BP talks about a lot.

Their methods are a bit intimidating for the new investor.

I was able to get plenty of applicants using these methods.