Quote from @Chris Lo: Which platforms/websites do landlords use to find the rent rate, how long the rental properties have been on the market, and all the details about other rental properties?

I use Beyond pricing in my vacation rental markets and Pricelabs in my city/mid-term rental markets.

Saturation is definitely upon us but quality product continues to get booked just like other markets.

I’d recommend a local market if at all possible.

just typed a whole long post to have the internet fail and lose it!]

It's an old metric that many do not use in today's markets.

Unique can also mean you only appeal to a smaller niche market as apposed to appealing to the masses. 

Excited to learn and get insight on investing in a new market.

Question: assuming an ideal brrrr that has all investment extracted at the refinance, why would you choose a low cost market over a high cost market?

I'd start with filling out your profile here a bit more- we can't tell what market you are in.