You could also contact one of the Chamber of Commerce to get their help for where you should locate and if he was aware of any future development that might effect you.  

and look at all the macroeconomic factors external to your market, but still have an indirect influence on it. 

When looking at properties in Texas the usual factors of looking at schools, crime, places to do, and demographics are the common areas to look at.

I've put in offers on a few that didn't get accepted since being licensed, and before that put in an offer with owner financing as I didn't have the funds at the time, but I like the area and think it will improve as new development is getting closer and closer, sure to drive rents and values up on the older smaller homes.

All become a factor when selling.

Your location is an important factor on rentals as well as nearby amenities and the retail development near there. 

I look forward to learning and developing with the Bigger Pockets community!

However, (a) there are IRA/401k compliance concepts that you should be aware of and (b) you should develop an efficient method for accessing IRA capital - I'll often get introduced to syndicators that find dealing with IRA/401k money to be a huge nuisance, which it does not have to be.On most syndicated deals there will be leverage involved, resulting - potentially - in taxable UDFI to IRA investors.

But it really is all relative and there's a bunch more factors beyond the numbers that are important that I have no knowledge of.   

I didn't factor in the extra money for selling costs of 1.5%, so I will go back and make that adjustment to my calculator.