Like others have said there is no magic bullet, but here is my personal advice:1) know the industry- spend an hour a day reading influencers in your area about what they are saying in the market, stay current on trends, and general news making in real estate.

THEY WILL BE THE SINGLE GREATEST INFLUENCE TO YOUR SUCCESS.

Unions have a lot of political influence too .

@James Sutton2 bed, 1 bath- I am renting for $600 to $6503 bed, 1 bath- I am renting for $700 to $750The area of town would obviously influence these prices a bit.

He now knows exactly what is going on and can use whatever influence he has to ensure that the community stays up to par and he retains the value.

I would think that whatever source that led you to IL would also have some influence on the specifics you are looking for...  

More or less equity has no influence on cash flow.

You will have local trends, new starts, employment, gentrification, social influences, public amenities as well as commercial activities.

Two books that have had the biggest influence on my real estate career and financial goals:Millionaire Real Estate Investor - Helped me shape my RE strategy.Think and Grow Rich - Helped me get money minded.

Kyne How to Win Friends & Influence People by Dale Carnegie      Real Estateby Ken McElroy.