How do you properly and efficiently analyze a market?

[Omari Brown]

There are a lot of variables when it comes to the state of a market you will potentially be investing in. Values, businesses moving in or out, schools, up and coming developments, nearby colleges, crime rates, ect. Does anyone use a systemized way or strategy for analyzing a market to see if it is good for a certain strategy; REOs, Rentals, ect.? There's nothing wrong with investigating all of these variables one by one, I just imagine that there is a time efficient way to do it.

[Tom Reynolds]

Omari,

Your questions have crossed my mind many times while working toward my first investment purchase. I'm nearly finished rereading a book written by Ken McElroy "The ABC's of Real Estate Investing" for the second time. In this book he specifically discusses evaluating your market, sub-markets, where to look and what to look for.