I'm looking at vacation rentals in areas I've never personally visited, and was wondering what everyone did to evaluate the level of demand in a particular area.  

On the other side of that equation, you can also evaluate your proposed repairs and improvements to see if they will generate enough of a rent increase to pay for themselves.  

What would be your cut-off price of purchase using this example.Questions:How would you guys evaluate this deal?  

Turnover is very expensive.Just to give you an idea, I use a point system to evaluate applications.  

Could you please describe how you would go about finding and evaluating these opportunities?  

I have recently found a foreclosure in my area for around $65k. It's been listed for a month. It could use the basic cosmetic updates- paint, carpet, clean up landscaping etc. the property is 3 bed 2 bath 1,700 sq fee...

I do have a real estate license and can log into Realtors Property Resource.

I get 1600+ for a 4/2/1 in a neighborhood not far from there, and so does a colleague of mine (our tenants are subsidized, but even market rent should be more than $1100).I can't give you an evaluation based on the information you have provided.

Assist in evaluating the subject property, research comps and help determine a realistic offer price and arv.  

Seller also left behind furniture, generator, jacuzzi, log splitter, small utility trailer and other miscellaneous items.