Look at their marketing strategy.

My strategy would then be to lease at least two of the renovated units, increasing occupancy to 90%, which could improve the chances of securing favorable terms for refinancing.I haven't pitched it to the seller yet.

All the cheap properties are MAJOR fixer-uppers with no Rent Zestimates - probably because there are not enough rental data points.This one is priced at $135k with only $1,152 Rent Zestimate.

Santarelli, in the second of the two videos given to perspective investors, adds that Dressbarn was purchased at the “Federal Bankruptcy Auction,” and that Norada Capital Management walked away with all the intellectual property for the company which includes the trademarks, the brand name and equity, the website, the URLS, and most importantly the customer data base ( Link, 18:05 to 18:26).

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

It's a high risk strategy that you've chosen. 

Quote from @Mohan Sadashivaiah: I would like to know if Data analysis in needed in Real Estate industry.

I have a strategy that would work great for you.

And finding a home that needs a good renovation and mixing it with these other strategies really helps.As far as areas go, easier to cashflow on the outer suburbs of Raleigh and on the Durham side of the triangle.

I agree with the house hacking strategy.