Some might not be livable at purchase but 5k still seems cheap unless there is something off with the data. maybe the prices were reduced on unlivable properties due to back taxes being part of the deal for the purchase.

Hey Dan, shoot me a DM, I'd be happy to jump on a call and shed some light on the rent data. 

However I don’t have any real data just a personal opinion.What’s your thoughts?

They then obtain a favorable appraisal and achieve decent cash flow in the earlier years.

Just talk to your PM or realtor to dig the data up if you do not know it.

Quote from @Mohan Sadashivaiah: I would like to know if Data analysis in needed in Real Estate industry.

I use quicken and enter all categorized data the beginning of each month.

I’d love to hear about your goals and what you’re hoping to achieve here.

Data suggests that both of these places have been on a decline for years.

Initial Equity: The discount you achieve when buying below market value.