Average out the price per sq ft of comps sold and then do a plus and minus game to get to a number that makes you whole.

If you don't speculate on the growing tech industry who pays really well, you simply can't buy anything in it. 

I have been in Phoenix about three years now but still would like to grow my connections in this industry.

My ultimate goal is to get out of the fishing industry within the next few years by owning rental properties.

The best way to learn and meet people in this industry is at these events. 

With the demand in construction services across the industry (businesses, single families, multifamilies, etc) being so high, how are people that're investing in new multi-families making money? 

For example call the water company and the power company to find the average monthly costs for the last six months.

We are VERY new to the real estate industry and I wanted to reach out to you guys to start networking.

The average house probably costs 250-300k, and probably 400k+ for a duplex.

Aside from that, my reasons for choosing Charlotte were that :It has a strong economy with a variety of industries & a growing tech sceneThe avg rent-to-income in Charlotte is around 27%, which makes it pretty affordable for tenantsThe rent to home price ratio was relatively high (2% rule, though it looks like it may need to be more of a 1% rule, as with other places)It's generally safe, with crime trending downward over the last 10 yrsNet inbound migration was highHome appreciation was up, but not ridiculously so like some other markets (like my home state in CO)It's near to several other potentially attractive markets if Charlotte _didn't_ work out for us, like Raleigh, Nashville.All these factors lead me to believe Charlotte is going to be a good place to acquire buy & hold rental properties and try my hand at a new business.