Buying in Allentown/Bethlehem/Easton, PA

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Hello-

Does anyone BRRRR or otherwise Buy/Hold in the Allentown, Bethlehem, and Easton, PA area? I just did a quick cursory look at the general area and it seems there's quite a bit of properties available that would easily clear the 2% or even 3% rule at very reasonable prices. I'm curious if anyone has experience in this market and their general thoughts.

Thanks in advance for your time! 

[Sam C.]

Am I correct to assume that when you say 2-3% you mean rent per 1000? So a 100K property is expected to generate a rent of 2,000-3,000? Where is that happening? Most stuff is reaching retail numbers so good cash on cash or flip opportunities are getting much more difficult to find. And anything that comes on the market in or outside Allentown, Bethlehem and Easton that even remotely smells profitable is bid to high or garbage. That being said, I have been an investor in Allentown ( where I started) since 1987 (and still buying). I'm getting 12-15% COC with a 5%< vacancy rate. Proactive management is a must. But I'm finding that just about everywhere (and at all rent levels) when tenants are involved.