You can't judge an area solely on crime rate and employment and salary data, but it certainly helps.

Have you looked at AirDna or another STR data tool to obtain expected ADR?

I spent the last three weeks scraping data on this very topic. 

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

The loan officer may look at it and use the comps and data in a dispute, just as they could independently look up that same data and use it in a dispute. 

Hi there,From what I've seen and the data suggests, the Hampton Roads market is indeed quite competitive.

Over the past three years, I've been using most of the major off-market techniques.A classic method is pulling data and feeding it into a call center to generate off-market leads.

(These averages represent state-level data, and individual cities may levy additional taxes.)To achieve the same level of cash flow as a property in Nevada, you would need to generate a higher cash flow in Texas to offset the higher operating costs.

Over the past three years, I’ve been using most of the major off-market techniques.One standout method has always been pulling data and feeding it into a call center to generate off-market leads.

If we had more data, lets say 20-100 people and all say the price is the problem, then yes, I would agree 100%.