Where do you find the data and evaluate it's reliability? 

This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a key metric in the short-term rental (STR) industry.

Prepare a justification for your offer that includes market data and any necessary repairs or enhancements.Even if stability may be obtained with a fixed-rate 30-year mortgage, it's important to compare financing conditions.

I'd researched it beforehand and driven past it the morning before the auction.

Of course as a realtor you can look at the real data.

This is just the sort of data I was looking to triangulate.

At least 70% of the agent-driven applications we get for one of our listed rentals is a waste of time.The agents are ignorant, lazy or both.They expect us to chase THEIR client for required documents and they nonstop complain we're asking for too much - when it's all right on our website.We also take over management for new investors and many times their agent was again, ignorant and/or lazy, and didn't require leases, rent ledgers, tenant contact info, etc. as part of the purchase contract.

They and you may not be on the same page as to qualifying income.You can get the data, but you may not get the formula used by that administrator/PHA, best thing is to post your desired rents, it will be reviewed and if countered with a different amount go with the flow, agree or say next.

From this DATA.

Books I have read:- The Book On Estimating Rehab Costs by J Scott- Land lording on AutopilotBooks I own and want to read soon:- The Millionaire Real Estate Investor by Gary Keller-What Every Real Estate Investor Needs to Know about Cash Flow by Frank GallinelliMy question:Im lacking some knowledge as well as trying to understand the metrics investors use to keep track of different types of data both when buying and selling and also down the line for refi and PL spreadsheeting.