Many have an eye for design that most RE developers, that live in a spreadsheet, just don’t have.Dropping out of school is statistically one of the stupidest things you can do.

@Nick RutkowskiI’m looking for long term tenants ( no vacation property) I was looking at the city statistics the other day and looking at things such as their poverty level as well median household income couldn’t make a fair decision I had mixed feelings about it!

(San Diego Market) The numbers are skewed a little with the low inventory statistic.

So please don't generalize.Just look at the impressive statistics of the tourism growth in the Dominican Republic over the last 20 years.

Statistically 3 out of 4 husbands predecease their wives.

I spent a few weeks downloading data from the Census Bureau on every MSA in the country ("MSA" stands for "metropolitan statistical area" and is a city plus the suburbs surrounding it).

Hi AllI am absolutely no expert, but the way I  gauge it is pretty simple, I start looking at pent up demand and if there is not enough stock to meet this demand ..... its probably a winner.Then it comes down to looking at some statistics, what is selling, who is buying, what is the average days for selling a property. 

I've never found statistics on this, but I've researched it a lot over the years and come to the conclusion that it is extremely rare, but it's also location dependent.

In short, look for properties that have unique features that money cannot buy; tucked into the hills, lots of land, unique land formations, scenic views (not just the ordinary desert view, we're talking real scenic jaw dropping views), etc.One thing to know about demand is that 30% of all active STRS on Airbnb came online within the last 2 years so although the number of bookings is up year over year, those bookings are being spread out amongst more properties which is bringing occupancy rates down.That said, many STR owners purchased at the height of this last STR bull-run hoping to cash in on the craze and are now struggling because they ran numbers using outlier pandemic year statistics.

Do all of the analysis you want, the simple fact remains that "In the Federal Reserve’s most recent Survey of Consumer Finances (in 2016), a blockbuster statistic was revealed.