Analyzing a Location

[Tim Donovan]

I have been analyzing a deal a day for a while now (duplex or triplex). After I figure out if the deal will cash flow, or how to make it cash flow, I am not sure what to do after that. I do a search on neighborhood scout, but other than that I'm having some trouble. So many people I know have their own opinion of areas but its mostly generalized and they haven't lived there but heard a good or bad story. I don't want their personal opinions/preferences to effect a good deal I found, but sometimes they make a good point.

What kind of steps should I take to analyze a location?

What things should I look for?

Is there a book that you used to help?

Should I listen to people at all, or just the people who have lived there?

Thank you!