Sure there's been mass migration the past few years, but nowhere near the levels to move the needle nationwide in a meaningful way.

It's not a meaningful number you'd ever want to share because income taxes are not deducted from the way properties are generally marketed and this will make your numbers look lower.If you wanted to calculate income net of income taxes at the property level you'd have to first take the net income for the property from Schedule E and divide it by the total income.

If you still don't have income once the rehab is complete, you'll most likely have to go NonQM (such as a DSCR loan) for permanent financing to extract your capital and payoff your rehab loans/financing.

It must cash flow for it to be sustainable and revalued higher for equity extraction (appreciation play).

You can have a tool that monitors the same data sources as you do today, but use the newest techniques in engineering to automatically extract names, addresses and cross reference that information with county databases before streaming that information to your CRM. 

Less than 10% of real estate investors should be teaching others in any meaningful manner.

Essentially, we extracted the ADR and occupancy rates to see the variations between potential revenue based on how many guests are able to stay at the properties.The goal is to shed some light on the different levels of demand depending on the # of guests allowed as well as to see which months attract the highest demand (hint: it's March, April & October).

remember your first home is not your forever home, it's your first rental so it doesn't need to be everything you want.look for homes where the bones are good, but cosmetically needs love. don't by pre 1960 if you can help it. you'll end up just having to replace all the guts like plumbing and electrical at some point. it's inevitable. look in areas where the path of growth is headed, but might not be currently. think 5 years out. look for resources like your local chamber of commerce to see what businesses are coming in and where. your city planning office should also be on your call list as they can help show where most permits are being pulled for development. follow the money. go to local investing meetups. crowdsource local knowledge and form meaningful relationships. those who've gone before you typically will help out and help you avoid the mistakes they've already made. onward.

Most of mine have infinite ROI, but I have 3 that for various reasons were not  refinanced to extract my investment (one had no value add, the other 2 have not been refinanced to extract the over $1m value increase due to rate increases). 

You could do a 1031 into a DST, thats entirely passive.If you extract 10M equity equity and invest conservativley with a 5 CAP thats $500,000k a year in todays money.