One metric they provide is new construction sales, which I can use to calculate % of total sales and see whether that value is trending up or down.My question is, in general is a market more or less desirable if there are a lot of new builds hitting the area? 

Is this a common trend? 

I will offer this suggestion, If you can secure long-term tenants post-leaseback and consider future value-add improvements, the property could yield even greater returns.Also, keep a close eye on commercial real estate trends in Middle Tennessee, especially given the area’s growth.

Expertise and Experience: Property managers have specialized knowledge in managing properties, including understanding local market trends, legal requirements, and tenant relations.

When considering other locations/markets, check demographic trends - things like population changes, household income, job growth, etc.

Delve into market trends, neighborhoods, and property types that align with your goals.

Any insights on suitable areas, zoning regulations, or market trends would be greatly appreciated!

The last cycle where rates were on a downward trend started in 1984 and ended in 2021.

Try to track days on market and price trends to see how well an area is selling.There is a housing shortage in general, so every house will eventually be a home.

@Sandeep K MamidiTo flip properties effectively, use market knowledge, research local trends, and innovative financing options like private money loans, partnerships, and syndicatation.