Compare comps of recently sold homes in the last 6 months ( In this case, where do you find sale information?

I will say that some of the listing prices and projected rents seem high when comparing against my own research.

If you are comparing the two, you may get more appreciation, but more issues in Long Beach versus something steadier in Riverside.

I am comparing both of them right now and while people seem to prefer Propstream, I am surprised to see how many comps do not come up in the search, while Batchleads and even Zillow give me more results (using the exact same filters).

Days on market is about 2 months, slightly better than earlier this year but relatively speaking, it's still a more balanced market compared to rest of the Bay Area.

However as you correctly point out this is far more risky and or its risk capital compared to buying a income property.. but the reward can be strati-spherically higher .. not just a little bit but it can be life changing profits on some of these deals.

There are many variables that increase real estate returns and they are rarely addressed when comparing it to the stock market.

The cost stated is so low compared to property value.  

Use tools like Zillow, Rentometer, and local real estate listings to compare prices and rents.

The second habit that has helped me track my finances is that I’ve created a personal spreadsheet that I fill out at least once a month that tracks certain financial metrics I’m interested in comparing.