thanks for sharing.When I chat with people about REI, I would say the 80/20 rule plays in to effect.  80% don't have a clue about REI.  20% have some knowledge about REI and know it's potential at some level.of that 20%, 1/5 of them will talk and talk about REI and are revving to get started in it, but never do.of those folks, 1/5 of them will actually take action and buy property for rental.So overall, from that 100% of folks surveyed, 1% will take action. 

I have been surveying friends, acquaintences and co-workers what they would expect to pay in a rental in my location and they are right on the nose with what I would want to charge.

DId this come up on a survey?

-Solicit surveys and ask for resident suggestions.

I got some great quotes (an awesome photo as well), and two other BP members, Charles Perkins and Joshua Marks were able to share some fantastic tips and insight from a Tax and Legal perspective.Repeat home buyers fuel housing recovery - CBS NewsThis CBS News Marketwatch article takes an in-depth look at the recently released Joint BiggerPockets.com / Memphis Invest National Survey of Residential Real Estate InvestorsFinancing Handcuffs Real Estate Investors - The Niche ReportYet another industry publication that explores the data presented in the BiggerPockets.com / Memphis Invest study.Check out the articles above and all the other great recent press we've gotten and please do share these.

I thought we had more rehab/flippers on here than that, so this survey isn't as big as I would've liked it to be.

This is true for even the largest, most sophisticated institutional investors.DATA SOURCESIn addition to those listed on the excellent article that Bryan H. linked to above, there are:Axiometrics / REIS / Pierce-Eislen: These folks conduct phone surveys on a monthly basis and publish reports and analysis.

The best way to determine rent is a market survey.

But, I can't get a variance until I've had a survey and have a general idea of what I want to build.

Never underestimate the value of a survey or ILC also.