Biggest Factors in Deciding Where to Invest?

[Alison DerHagopian]

Hey everyone! 

I'm a beginner investor in the Atlanta, GA market and am looking to purchase my third property with intentions of going the BRRRR route this time around. However, I'm having doubts about where exactly I should be looking and how I can ensure (as much as possible, that is) that my ARV is going to be where I need it to be. Distressed properties inside the perimeter (ITP, for the ATLiens) are most desirable, but purchase prices are a bit higher, and sort of knocks me OTP in areas 30m-1hr outside the city. I'm looking for advice on what factors I should consider when determining if a specific area is a good place to try the BRRRR method.

Also, aside from a Google search for what other units are renting for in the area, are there other ways/factors you look into to determine what rents you can get for your newly rehabbed property?

Thanks! 

[Alison DerHagopian]

@Brenden Mitchum thanks for all the info Brenden. You’re right, within an hour of the city is probably a safe investment, just need to do a bit more research to make sure I get solid comps!

Thanks