The great thing about REI is that you can start on a digestible level with smaller properties.

This data is tabulated at the census tract level, which allows for a tremendous about of granularity when conducting market research.

Alex, you have a ton a great wisdom to digest from highly accomplished investors.

water rights are very specific and depending on what they are can be worth far more than the dirt.. they can be sold downstreamI bought 700 acre timber tract in Oregon in the late 90s that had water rights to the Yamhill river.. well we did not need water rights we were not farming and you don't water timber in Oregon :).I was able to sell those rights to a Nursey company 20 miles down stream for a low six figure cash sum.. nice hit for us.. 

@Mel Hayes A large part of the selection process for approving census tracts was a lower median income in the area in question.

"Holiday destinations near a beach" often do not have a ton of undeveloped buildable tracts available for sale and when available usually are for sale at a premium per acre and obviously has its risk.

Clean numbers, easy to digest.

The big-ticket items had already been completed (new roof, HVAC) and as first-time homebuyers, this "project" was more digestible than others we had seen.

Each home is 3 beds, 2 baths, very much like tract homes (but no garage).

It includes, among other things, a comprehensive map of the Cleveland area, grading each tract from A+ down to F, with a consistent, objective and transparent methodology using publicly available data rather than a broad-brush subjective approach.