These are two markets that aren't at all comparable.However, your cost of entry, and management will be easier for a Poconos location.

You will find a lot of out of state investors like the Mid-west for the lower price entry points. 

I love the benefits in terms of low barrier to entry, slow and steady unit count growth, management ease, and exit strategy flexibility. 

Wholesaling is hard, but too many folks try it because of the low cost barrier to entry (same as being a RE agent).

@Joe HuberCo-star data isn't perfect, and all datasets are subject to outlier effects, so I wouldn't put too much stock in the actual 15-25% number as much as the directionality.

So while data may be true or applicable to them, it may not be to you.

I know that Privy is planning on adding an analytics tool for STR based on Airdna data, but we'll see how robust that is.

I'm located in Los Angeles but invest in the Midwest (Memphis, TN and Covington, KY), currently own one SFR, one duplex and one triplex, all on conventional mortgages and all with self-funded down payments.I'd like my next deal to be an entry-level BRRRR, am currently reading David Greene's BRRRR book, but find myself in every chapter coming up with mental roadblocks regarding the process, many of which are due to the fact that I'd be doing this from a distance.

I've a firm believer that email is not a data repository nor a task manager.

I own a little over 130 units and we do well cash flow wise, however it can be difficult maintenance wise since so many homes are older and the barrier to entry to become a contractor in the state is so low.