Quote from @Jonathan Greene: Welcome.

Clearly there's a lot more ROI and work for a BRRRR.After finishing David Greene's BRRRR book and combing the forums, my impression is it'll come down to building the right team and doing our due diligence on finding and analyzing deals, estimated ARV, rehab costs, and rent /demand for an area with the most conservative estimates. 

Hey @Jaycee Greene!

Doesn’t meet Green standards.  

In fact, more than two out of three homeowners have either completely paid off their mortgages (shown in green in the chart below) or have at least 50% equity in their homes (shown in blue in the chart below):And that’s a big deal.

What are some rental property green flags you've seen that scream buy? 

I also highly suggest you connect with @Josh Green as well whom not only owns STR's locally, but has a management business.

And via the clustering we are utilizing green-space in a communal manner thus reducing foot-print of that BUT retaining such perception as each unit has walkout to what seems a BIG green space.

Quote from @Jaycee Greene: Are there any markets that come to mind?

Turning your little green houses in to large red hotels.