This is bad math, once most people factor in their income tax bracket. 

BPOs are typically exterior only and agents usually earn $30 - 50 to complete them, so use them as a reference but not the deciding factor.                                                                                                                                                                     

There are two main factors that you can use to track gentrification, so why can't they be used to track the reverse?

Obviously, two factors are responsible for what will likely be more than doubling our money in 3 years.  1.

. #1 is the primary reason, but #2 does factor in as well.

The only thing that I see missing if they are purchasing with hard money debt they may want to factor in 3% - 5% for closing costs (points, fees, title, etc) Thx Zachary!

The market is always evolving and there may be good deals to be had near term or you may need to wait a while, depending on many factors like interest rates etc.

Rental competition seems like a big one, but I’d love to hear how you weigh other factors too.Thanks again for sharing your experience—it’s really helpful!

Yes, I use Zillow reporting as a start and look at other factors.

The discipline to run on a budget for a number of years or decades depending on your math, doesn't factor in emergencies or market changes where the HELOC could be used to invest in other places.