I would venture to say that having a vet school nearby might gain you a better "class" of pet owners than available to the average landlord.

The large supply of units may result in rents being lower than average for the foreseeable future).Having said that, if you have a long term perspective and can weather downturns that may occur in the market, the Phoenix MSA would be a great place to invest.  

These are all reasons that we should do better than average in the short run.In the long run, San Antonio is positioned to do very well.

What’s the average vacancy rate?

This is not including the property appreciation, just the cash flow would have been far above the average city if analyzing for 20 years (I am confident that it would have been better than any of the traditional zero appreciation Midwest markets). 

I would take the average for the year and divide it by rooms or people or unit.

We chose Mislata because it's in the top 10 most densely populated towns in Europe with a population of approximately 54,000 in just 2.1 square kilometers which made the average rent very high.

We chose Mislata because it's in the top 10 most densely populated towns in Europe with a population of approximately 54,000 in just 2.1 square kilometers which made the average rent very high.

It is aggregate data for towns, some of which are large so by taking averages it can smooth out possible opportunities.The cumulative cash flow calculation is really based on rough rough estimations, not historical data, so it is by definition, wrong.The home values are medians, so they too have been smoothed.Most people buy RE with leverage, and this model assumes all cash purchase.

if you do , average cost and process time?