Looking for input from an STR investor in the Blue Ridge, GA area.

I will say that Peoria is not a market for house appreciation so you need to male sure you get a good price....I would say at a minimum 15% less than asking as the market here swings +/-15% in the ten years we have been here.The good thing rent has been very stable and I would like to say that we are a very diverce town in blue/white colar mix.The cons, there still only two major employers and anything affecting them will impact the rent market heavily.

My best tenants are those with stable blue collar jobs, typically moved to the US to work (think contract workers, laborers, etc).

We've had some luck just NE of you in the Blue Ridge Mountain area, but we are needing to put down more to get it to cash flow.

I've personally come to find if it's not one thing it's another...there might be areas with less red tape but more blue tape lol but generally speaking I think it strongly depends on your company's strategy to determine which tape will have the least amount of friction...What is your company's strategy?

Louis from a distance seems like a blue collar city.

and I hope so I want to spend a good amount of time on those blue ribbon trout streams!!

Seems like a nice blue collar area.

But you have to find that investor who will trust you to run their business for them in the area.Many agents have good luck with investors by finding the niche that they are expert in - be it an area of town - Mid-town, Waldo, Blue Springs, JOCO, etc or a type of listing - rental property, bank owned properties, auctions, short sales, or type of property - houses, multi family, apartments.  

There are several blue collar/middle class/lower middle class neighborhoods where you can buy that have good tenants.