Hey Guys, 
I'm practicing doing comps on my own property right now, but I noticed there is only one comparable property (3 bed, 2 bath duplex) near mine. Where do I go from here?? There are plenty of 4 bed 2 baths an...

Here's the data you're looking for click the link . "1 month inventory" means homes are selling at a rate such that if no new homes are added to the market, we will have 0 homes available or 0 inventory in 1 month.

What numbers or factors do I look for to say, "this property is gonna be really good, go up in value, cashflow nicely when my roommates move out in 2 years."

I then use this data to see what price range others are charging as well as more importantly what has moved.  

The downside is (1) compared with residential, comps used in appraisals are nowhere near as accurate, so the income approach is heavily relied on, which can produce huge swing in “valuation” depending on cap rates, interest rates, revenue swings, expense costs.

There is also a ton of good data on the census site and the bureau of labor statistics.

Joe do keep in mind in many of the nicer neighborhoods a cash flowing 4 plex is NOT worth what the SFR is worth so they would be going backwards in values..  

Hello BiggerPockets,Do any of you folks use census data like demographics, income, population , education etc in selecting a property or do you think it’s an overkill.Given 2020 census data will be accessible soon curious to see how the community is using it. 

If you do not create interest quickly, you likely will lose your prospect's attention.Fear - seems to be the consistent reason many have not developed this invaluable communication skill.Tip for you - Starting any conversation with a simple Hello.Cheers,Jeffrey BaxterPS  Love to share my story as well with any that has an interest.Goal -  Looking for small multifamily residential properties, that are in a decent community, in any state.

I'm a veteran and the VA loan has been invaluable in getting into a property here in CA since homes are so expensive.