Hi @Allie Barke, CapEx or condos are waaaaaaaaaaaaaay lower. https://www.biggerpockets.com/blog/2015/10/13/real-estate-capex-estimate-capital-expenditures/The article does a good job of listing the costs line item, but does require adjusting based off the quality of your condo, and your market. 

Here are some recommendations for you: Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: https://www.biggerpockets.com/podcastWishing you the best! 

There is a BP article (3) on commercial terms, learn those. 

Originally posted by @Angel Latimer:Hello everyone looking to purchase my first STR I currently live in the Poconos in the Marshalls creek area and I've been in the market for about 4 months and researching STR for about 2 yrs and I pretty much know how it works and Im ready to get on this wave being that this market is 12 yrs old and has room for me but I do see a lite saturated market in the business it self in certain areas but again I'm trying to get a piece of the pie so my 2 targets are Poconos and Florida im a little hesitant with Poconos because having low occupancy rates during the winter months because theres been a drout with snow or else we would probably be in the 60-75% percentile  where we would probably be looking around 200 days out of the yr of rentals which im ok with that now Florida they looking at a higher percentile due to the fact that they pretty much booked all yr round so please any experienced  advise in any of these 2 states from a markets point of view im all ears or eyes to be exact thank you very much I don't know anyone who's getting anywhere near 60-75% occupancy in the Poconos; most people get closer to 20%.https://www.biggerpockets.com/forums/530/topics/711235-vacation-rentals-in-the-poconos

Hi @Redha LaafiaI wrote a bigger pockets blog post about this very topic a while ago that echoes much of what's been already said. 

Variables can always relate but not all of them correlate.I didn't read the whole article but there might also be some noise buried into those cap rate vs. 

Are there any good books about this topic that anyone would recommend?

Tax optimization is not a topic that many people like to discuss, but it can deliver equal value as other landlording tasks.

Here're a few resources for you:https://www.biggerpockets.com/forums/55/topics/685...https://www.biggerpockets.com/forums/30/topics/303...

To be more specific, I'm in the Beaverton area, basically on the west side of PortlandAnyways, any help, or names of companies to followup with, or anything like that would be super appreciated.I know BP is known to have very active and helpful members so any advice on this topic would be much appreciated.