Few things:- Population growth- Job Growth- Landlord friendliness (aka not California)- Diverse industriesThose 4 things take out much of the country, but still do give quite a few opportunities.Sources include Bureau of Labor Statistics, Census.gov, and other organizations like those.

I have no idea how much money you could make in your area but AirBNB might have some statistics for your city/town.Example 2: Reduce your rent from $200/month Version 2Buy a 4 bedroom place that costs you $500/month. 

I don't know the true statistic, but I'd estimate close to 0.5% of homes in Alachua County have had foundation issues addressed. 

Maybe you have family there and visit a few times a year.In other words, I believe, that I can do better in city B, if I have easy access, know it well and have people there, than I could do in City A (difficult to get there, don't know much about it and don't have good contacts) - even though the statistics would say that city A is better to invest.

I believe my strengths are in the numbers and analyzing deals because I love math and statistics.

I get my data straight from government sources: Census Bureau, Bureau of Labor Statistics, Department of Economic Analysis. 

A minimum of 3 has been statistically proven over and over again and across many verticals.

So I guess I'm asking...what kind of statistics do you look for in other markets, and where do you find this information?

That statistic sounds like restaurant owners.

I'm looking at purchasing my 3rd property.I'm looking at demographics, census statistics, and basically calculating if the numbers work.