Stay with the facts that you pick up doing the hard data mining yourself.That's how you build the awareness that will make you capable of spotting great opportunities in the future.

Zillow/Trulia etc type web site for current market data. 2.

I would demand the Fed schedule-E, the maintenance logs, the vacancy/occupancy data ALL for two years each.In Calif, more than 15 units requires, by law, a resident, on-site manager. 

Risk = $ x probability.Some of the formula-driven investors don't consider equity building through zero/low cost financing a strategy, but you'll need to model a scenario with lower cash flow and a balloon capital gain vs. a better cash flowing rental.PS - There aren't enough hotels in Rogers/Bentonville.

@Mike Baker Some of the older systems are not very user friendly and even some of the MLS boards keep their data closely guarded.

Sell the lease to them on that basis.Tell them they are under market rate for rent and share some data with them.

PS I use Real Data Software to analyze my deals, so I indeed have a breakdown per unit.

I would like to prototype an improved service that's community-driven and easy to use across the various user constituencies.

I looked at all areas within an hour of my house based on fundamental aspects (universities, large institutions, etc).I then drilled down into the census data for a large amount of them to create ratios for comparison.

This strategy has paid off in SEO at the expense of having a single place and methodology for managing the sites.