Many are using Orlando and the surrounding area as an example of why STRs are no longer viable.Most of us know that the greater Orlando area is super saturated and that the main money makers are the huge places that sleep 20+ with incredible themeing in just about every room.There are plenty of areas in the USA that can support great returns but like any real estate purchase, you need to do your due diligence.

I like the town and see the potential in the city and surrounding areas.

Scranton PA is a great spot to invest.Pros:- Low cost of buy-in / not much needed in comparison to other areas due to affordability in purchase price- High-Cap Rates- High Cash Flows- Stable market / continuing to appreciate- Beautiful revitalization of the downtown- Influx of jobs, employment opportunities - Plenty of renters- New Amtrak service coming- Surrounding neighborhoods are sought after, solid schools, "home team" mentality in most of the towns where people want to stayFor the Cons:- I can't think of any OVERALL cons that couldn't be avoided in working with the right team.

That being said, I don't believe wholesaling is legal in every state so understanding laws surrounding that before you jump in will be important.There are definitely a lot of bad wholesalers out there!

For example, you can ping Zillow APIs for rent information in the surrounding area. 

Sources for insurance and property taxes: Insurance - ValuePenguin, State Property Tax Rates - Rocket Mortgage.Low risk of natural disaster: Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.

Underwriters will look at the population density of the surrounding area.

Can't seem to edit the post, but I wanted to add the markets I have presence in: Atlanta, GA and surrounding areasDallas, TXOklahoma City, OK 

Every day, the Chemical Plants (Dow, Shintech, etc.) and residential neighborhoods that surround the site of this location provide a high traffic count.A great opportunity exists for a tenant that is willing to market their business to travelers of Hwy. 1, the residents in the surrounding neighborhoods, and neighboring communities.How did you find this deal and how did you negotiate it?

Some of the surrounding cities that don't currently restrict short term rentals are discussing adding restrictions in the future.