Full Analysis on Your City

[Neil Chohan]

Hello BP, 

I keep hearing from books and others that you want to master the city/region where you will be investing. So as a fairly new investor I was hoping for seasoned investors who know their region/ city to provide either steps or things they suggest you look into before investing in a city. for example:

make sure the employment rate is increasing/ comparing its increase to the stae/province

Make sure vacancy rate is decreasing

ensure there is more then 1 major economic contributor to the city eg detroit was motor town then went bankrupt once recession hit. 

I would like to know everything. I want to be the master of the region/city im looking into therefore If you have a list or anything please provide it. Once I receive as many as possible I want to make a checklist to provide to this community so new investors can check off what to look for. Please provide as macro and micro as you can. micro can be even the street, are kids playing outside, lawns cut, cars clean, I want to make a concrete list that will really get everyone thinking. 

Thanks, 

Neil