"Institutional-like returns" to me is the same thing as saying "sub-par".Large assets tend to attract big money. 

We think this would be more attractive and simplistic for investors to understand.

I wouldn't be too worried about the properties being occupied, but when looking for a good property in the Poconos you want to make sure it is in the middle of all of the attractions. 

Here are a few key considerations:-Location: A property that is located in a desirable area with good schools, amenities, and public transportation is more likely to attract and retain tenants.

For instance, I know exactly what types of tenants (ages, occupations, income levels, even political affiliations) are attracted to various neighborhoods within my city--and I know exactly what types of properties those tenants will (and won't) want to rent. ...most macro data doesn't show you that level of detail....and that's just market-level data.

This property has a lot of crib appeal and IMO, the brick is quite attractive. 

Interest rates are often attractive, even for borrowers with lower credit scores, and down payments may be 5% or less.

Local colleges, tourist attractions, a view, direct access to things like major hospitals/venues/event spaces that are active.

However, the numbers appear much more attractive for the ultra high-end airbnb.   

I’m just not sure how attractive a 50/50 split of profits is for them if they have all of the money down.