A few things I’d suggest as a local investor:Know Your Markets: New England is a mix of urban, suburban, and rural areas with very different dynamics.

The problem many of us run into is being in New England, many of the markets are high cost, high appreciation markets that we either can't get pre qualified for, or even after moving out will struggle to cash flow.Another big constraint is that many of us have W-2 jobs in engineering that require some days in the office, and these types of higher paying jobs are primarily in major cities (most of us are in the Boston area).Lastly, a lot of us have significant others that may be less interested in living somewhere "random" because it makes sense as an investment.

Population and economic growth, strong tourism, proximity to other New England cities.

For the past 4 years I've been focused full-time on the niche of pre-existing non-conforming land parcels and/or land that is considered undevelopable.Basically, I focus on rehabbing lots instead of rehabbing houses and I have virtually no competition up here in the New England Area.Is anyone else here doing this?  

I don't hold grudges...as a general guideline anyways...And in another direction, but sort of relevant to the thread in a way, I was watching my daily dose of Wheel Of Fortune yesterday, the person won a trip to England, and on the promo they said "...and enjoy all the cultural culinary delights of southern England"...wait what?

In terms of feedback from our team, we’re leaning towards buttoning down the hatches, keeping rent increases low, and focusing on maximizing occupancy in our New England markets.

Along with State and federal forests that are larger than most new England states with no housing in them.

Hey Matthew,A lot has changed since you posted this but I also lived in New England and now live in St Pete.

Aging of Super Powers- Rome, Dutch, England, France, Spain, Mayans, Aztecs, etc. 

It will take the prior owner about 1 to 2 years to come to the realization, there really isn't a market, but they have to go back to the US/England/Canada.