The other factor is what price range you are buying in and absorption levels.

Apartment absorption rates in Charlotte, just like Raleigh, are not out of line: Marcus & Millichap Multifamily Market Report: Charlotte

IncentivesTax IncentivesDevelopmentProperty SpecsExpected absorption rates for apartmentsPrice per sq ft. / Price per unitRental compsRetailResidentialOfficeWarehouse / StorageAdditionally, what other data not mentioned would you consider crucial to understanding an area and in your decision making?

Usually you'll want information on new construction permits, completions, absorptions, etc as part of your market study, but it doesn't sound like you'll have any of that in this town.

Hey everyone, I was just wondering what the term "absorption rate" meant when talking about an area and how do I find/calculate this? 

Hey everyone what is the absorption rate for Greensboro? 

When doing market research, what does historic absorption, forecast absorption, and year to balance mean when selecting. a market?

I've had large NYC investors express their interest in the area, but also would rather wait until they can better grasp metrics such as rental absorption rates, etc.

I think cash flow will be sparse; if not, I'd be interested as well in seeing what Jonathan Boyle has to say.Low absorption rates, lots of new construction projects, and an influx of young professionals moving up from Hoboken and NYC

What are absorption levels for inventory in the immediate area?