You can do a comparison of price per square foot.

The BP estimator for rents gives you gross rents, not net figures, so it may be an apples and oranges comparison you’re making.

This will allow you export the data so you can run a comparison analysis all in excel.

@Trevor Fleck I like that comparison.

Indianapolis has been at the top of the list for many investors historically speaking dues to being a flat market (pretty much the opposite of TX right now in reactive real estate as people flock in groves from CA realizing work from home could be here to stay & want lower tax rates/cost of living) and perks like cheaper purchase price point and lower tax rates (Marion Co for example just above 1% {for comparison NJ is right around 2.49%} ).Right now TX and Vegas among other areas are really seeing some hot activity - but this is more reactive and not what a more truly flat market like Indy does.

I agree with your comparison with 2008.

I created spreadsheets to analyze all types of costs and methods of ownership and comparison tables... and I actually joined this community to learn how to use REI to help fund my aviation dreams.  

Unemployment rateYou're correct that 'low profile'  by comparison to other markets is easier to begin in, if nothing else than purchase price point alone.

Examples of deals you’ve done are much appreciated for case study 📚 comparisons.

@Kayla Davis what were your findings on cash on cash returns or the comparison of rents and purchase price?