It's a really genius idea to have a place where like-minded-goal-driven people can exchange ideas as well and form relationships.  

Ultra-low interest rates, lack of inventory, supply chain disruptions (think lumber prices) have all driven the price of real estate through the roof.

yes and no - Are you an AI or QP level investor, or not even certified at all ?

But given your purchase price is negotiable before buying, and market rents are driven by market, I start with rent and work backwards.  

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

The thing is, K is the third property manager for out of state investors I have worked with and her quick, solution driven actions are so refreshing. 

I keep hearing about ChatGPT and other AI tools and how they can be a huge shortcut in time for administrative tasks like writing descriptions for real estate listings, blog posts, etc.

Real estate is going to be a highly relationship driven business and will move slower than other industries like manufacturing or food service.

Anyone use specific AI to analyze a market?

Louis is highly driven by its school districts.