In a nutshell, IL (where I live) too expensive of a market, but WI, MI, OH etc seems like you’d get more bang for your buck. also,  you can look at a City’s  consolidation plan and what their plans are for development to get a good forecasting of housing booms.

.- it does not forecast rent growth or appreciation into the calculation.Those are not areas i desire to invest.  

Places like Texas where you’re at will likely continue to face significant insurance increases given more weather related events which makes it challenging To pencil, but if you have good population growth, things should even out.

Marcus, the event was great and I truly appreciated your market review and forecast.

Forecasted performance is your best-case scenario and shouldn't be relied on, particularly in a tougher market like Memphis. 

Basically what I'm talking about is cash reserves, or a tappable cash source to weather out the storms that come with the ups and downs of the market over time.Just my 2 cents! 

I would suggest to put your portfolio in an XLS and then try some assumptions and see how many months you can weather a storm.

Hi Guys, I am looking to buy a multifamily in Jersey City for STR, any suggestions what area will be good for STR and weather number make sense at this time.

A good chunk of my career of day jobs has been in analyzing data and forecasting the future.

If they’ve never weathered a rocky market or interest rate shift, their pro forma might be built on wishful thinking.