Is it in a growing area or is it in a successful town/area that also have good economic diversity, population growth?  

Mr Cardone who is real estate guru take the cash 98% from friend and relatives, just 2% from others.There is an important point which no one pointed out in this fourm, which assest diversity, it is so dangerous to put all the cash on one industry like real estate, because like any industry, there is good and bad time.

@Hae Sun YiThe whole city of Chicago is hard to compare directly to a town like Naperville as far as rent values, property values and taxes because the city of Chicago is so large and diverse one neighborhood compared to another is really like comparing Naperville to another suburban town. 

My area of focus is multi family, and we own 57 units in Abq.The city is very diverse, there are some great neighborhoods and some less desirable ones.

My suggestion is based on diversity.

Appears you are getting a diversity of opinion on Mac Vs PC Vs Chromebook, etc. 

Price / Rent Ratio - lower the better Avg Median Income - feeds into #2, not as important on its ownAvg Median Price - feeds into #2, not as important on its ownAvg Median Rent - feeds into #2, not as important on its ownRent % of Income - rent should be >1/3 of incomeSociodemographic Rank - should be high (used this article)Population Growth - should outpace US average (used this site)Jobs Growth - highger the better (used Forbes data: example)Law Favorability - should be landlord-friendly (used Avail: example)State Tax Favorability - should be favorable (used this article)Poverty Level - should be low (used city-data.com)Crime - should be below US average of 290 (used city-data.com)Industries Present - should be diverse (used city-data.com) Here are the markets I evaluated: Bend, ORGreenville, SCCharlotte, NCMeridian, IDMidland, TXSpartanburg, SCHuntsville, ALKent, WAWithout any further delay, here is my market analysis laid out with selection criteria and markets: As you can see, the Top 2 Markets are: Meridian, IDCharlotte, NCand they are mostly green across the board, hitting all selection criteria, at a reasonable purchase price for my first investment at a young age.Now that I've completed a brief analysis, I'm looking to dive into deal finding and developing my Core 4.What are your thoughts on my preliminary market analysis?

I initially chose the Atlanta market to start my RE journey because at the time it boasted a strong and diverse economy with rapid job growth, good rent to price ratios, fast growing population, new developments, school expansions, and more.

Hispanic properties are the easiest)Houston is a very “diverse” city they say.

Something to consider.MarkWe cant see ourselves living anywhere else in this political climate as we are a minority and we enjoy the diversity and the openness of California but it does come with a price I guess.