Can you be more specific on what you mean who isn't in the Hudson Valley? 

I'm not a CPA, and it would probably be worth it to discuss with a CPA about your specific situation, but regardless of where you purchase, I'd personally stay there 24 months unless you had a reason not to.

If you have specific questions or need advice on any aspect, feel free to ask.

Many specialize in specific states and can give very detailed information. 

I don't know much about that specific class but if they are anything like the other guru classes then I would turn and run.

Looking for an alternative exit other than a normal house flip with an exceeded rehab budget.

>If we do hit a recession and rates/ values drop, would my rents go down tAt the Great Recession this was market specific.  

Others have specific tenant rep companies and brokers they use for certain areas.

Our specific market is Columbus, OH.

What specific questions do you have?