I appreciate you chiming in, I may be overstepping my comfort zone with Sheboygan for now! 

@Brady Ascheman Once the tenant is in I no longer worry about the 3X rule for rent.

One other market-wide factor I’d throw in is local government policies.

Affordable housing is about the housing itself and the economic environment it is created in. I

Quote from @Dave Skow: @Nathan Harden- thanks ...I am  also here in WA  and  moved from  OH many yrs ago .....my wife is from Medina OH ......what about looking  closer to  here  or maybe a bit  north ( stronsville  etc) What part of WA you living in?? I

Choosing which market to invest in is going to depend on your goals whether if you're looking for more cash-flow areas or appreciation

I think that's investing in markets you believe in is pretty key.

Non performing note bizz is intense I know from making performing notes and when they start to wobble one have to jump in.  I

I'm also interested in purchasing an STR in the Catskills region so I thought I'd jump in!  I

Let me know if you need any recommendations on beaches to invest in. I