The desktop looks at demographics, traffic, 1, 3, 5 Mile competition, etc that can be gathered from internet, phone calls, etc and basic income proforma based a bunch of assumptions.

All of that raises the demographic economic base of the town, but the University is the biggest driver there by far.

Finally, if you work with a preferred contractor, that would be great.Regards,BrianMy specific criteria:SFR 3BR 1.5+ Bath - purchase price less than $150kB or B+ propertyCash-flow positive (minimum 10% net cap rates with at least 1% rental ratio)$5-10K budget to rehab propertyRent out to family for long-term leasestrong appreciationlow vacancies / supplylow property taxeslow price to income ratiospositive demographics - low unemployment, low crime, high % renters, population growth, etc.healthy local economy

These machines are also being used 5-6 times per day.Depending on the size of the space, the competition and the demographics you may consider installing a public use Laundromat and get the most out of the space.PM me and we can discuss all that's involved.

Also, if you choose FL, move to that has a similar demographic as you (age, education level, etc) - some areas of the State can be quite geriatric and/or be devoid of any culture. 

I am looking for primarily family bookings so ABB does not seem like the right demographic for me and I do well with VRBO/HomeAway and repeat guests.Sid 

What is your target demographic?

a lot of it has to do with the demographic when comparing Sioux Falls to Memphis.

We all see the same demographics and employment trends - take a guess :)As to money, you'll find that a large segment of the successful people on BP became so in-spite of not having money...Good Luck!

Try to determine the demographics for the city and growth vs declining economy (jobs, rentals vs owners).