It's a computer algorithm that doesn't take many factors into consideration. 

I'm pretty good at it, I use a computer algorithm and the Assessor's data.

If you are compiling information for a mailing list, I would use one of the services that has an algorithm to calculate equity (such as ListSource).

The algorithm on how they calculate their numbers is on this page.

Reading 200 page books is monotonous, but if I have real properties to analyze I can better remember the formula and algorithms required to find deals.

With that, If a property is near a popular tourist destination (for example near Sedona but not in Sedona) it may no longer show up in the search algorithms because there are enough properties in the desired tourist destination.The last thing I would add is that the short-term rental market is maturing.

We then built out an algorithm based on the year and a half of historical data to determine which of the Us (unavailable) are Rs (reservation) and which are B (blocked).Our model takes into account 16 different criteria picked up by looking at the historical data set (the length of the booking, the booking lead time, the historical performance of the property) to make that determination.

X-Amz-Expires=601200&X-Amz-Date=20171129T015004Z&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAJ2DXENEECSJVAAQA/20171129/us-east-1/s3/aws4_request&X-Amz-SignedHeaders=host&X-Amz-Signature=e6d6a371d25523f43a28857ac69e73ee16ca6db88bc2dac553b24765c680335bHere is the calculations for the deal.

In the context of this post, when we are talking about "no brainer" investments, your (Dave O) algorithm is too simple and not quite complete for me.

But I'm trying to see how this will work without someone physically verifying that:There is actually a house at the site and not a burned out hullRepairs are not unusually high.I can see the algorithm gurus in silicon valley being pretty good with standard homes but it's the outliers that could kill them.