I don't think cap rate for residential RE is necessarily the best metric, but I try and achieve a 10% minimum gross rent to purchase price figure, so a $300K property I am hoping to achieve a $30K/month gross income goal.

The number of Homes for sale in the three county area around Sacramento has increased again according to the data in June 2024.

It's nice to have access to the MLS data and how easy it is to set up a showing of a property that I want to see.The downside is you will have to pay the broker, MLS, and NAR fees along with continuing education requirements to maintain your license which can sometimes not be worth it.The biggest perk for me was having people I know come to me to list their house for them but instead I would just offer to buy it and make the process easy for them.

Does the data support rent and appreciation growth in Salinas?

For data center development, if I were you, I'd focus on working with county economic development offices.

Ask people in BP who are not selling books and courses how many have achieved this.

The deal cash flows or has a clear defined path to achieve solid cash flow4.

Using rental comp data and the MLS data we analyze based on cash flow potential.

foreclosuresdaily and probatedailyhttps://imcg.infusionsoft.com/app/hostedEmail/5494...Their website sucks but their data doesn't.

Tommy,Check out PropWire - https://propwire.com/searchIt's a free data source and you can pull a list of vacant lots by zip code, county, city, etc.