One idea is to proceed with the 1031x, save on the capital gains, parlay your proceeds into income-producing properties, and capitalize on the low-interest rate offered by these operators.   

In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.

Then when it aligns, start doing it.Books and videos are as good as the time they were produced, you're going to want to get a pulse on the actual beat of the floor. 

While the prices are attractive, I'm concerned with its long term viability.

The claims of 1hr to collect rent, produce receipts, and deposit checks also seems like a reasonable claim if done physically and not electronically.

You need to understand how to drive the Net Operating Income to produce a good solid return. 

it is definitely a viable strategy, but many people assume they will automatically be successful solely because... you must make money buying at those attractive lower price points!

And for most of my clients, they are generally attracted to a city or market for personal reasons and THEN then find a property that works for them rather than looking at general market numbers...meaning, my clients can make money in ANY market, even ones where the population isn't growing, the rental demand is softening, and the rent-to-price ratios are less than attractive.So to you, does PA mean Pittsburgh, Philly, or central PA?

Albany is also an attractive option to New Yorkers because of the price-point and proximity to nearby colleges.All the best!

Anyone serious about selling their house will be instantly attracted tho this website because it is different than all the standard sites out there, it has personality, and character and it looks amazing.