What are the biggest factors of an area when looking to buy land, what should I look for?

@Robert Quiroz I think all of the factors you have listed might contribute.So I’m not going to comment on that but I am going to comment on an assumption you made.If 85% of rents are below market on deals you underwrite then those contract rents are probably THE market rent.You can’t just go based upon area median income to rent ratio.First off urban areas are oftentimes street by street, block by block.

•Some buyers don’t mind flood zones if they love the location, and in areas with limited housing supply, demand can still be strong.2.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

I’m local to the area and have a few good insurance contacts that may make the difference for you. 

@Renata Johnson What areas will you be looking to BRRR in?

I would be careful in a restrive area.

Cleveland is a great market and focusing on the A/B areas is smart for your first one. 

Not sure if your property is in that area as you are a bit West.

The Atlanta market is diverse, with each area offering its own unique character, investment potential, and future outlook.