@Brian Garlington Dallas has a booming economy with great job and population growth but because of some of the highest property taxes and insurance rates in the nation, the returns are very low in comparison to Midwest markets like Indianapolis and Kansas City. 13-14% return are not realistic however when you take in to account vacancies and maintenance which a lot of people neglect to include.

I think most people get wrapped around in analysis paralysis over the plethora of data such as crime stats, employment trends, population trends, etc.

From what I can find online, the area seems like a pretty good, solid middle American town with enough population to support numerous rentals but no so many people that you end up with the over-populated, big-city problems.

Aberdeen Proving Ground may be an Army base, but doesn't have as large of a transient population of other large bases.

In fact, Saskatoon was one of the only cities in SK to grow in jobs and population this year, which implies although energy has been tight, the other sectors are creating jobs and bringing in talent to SK.

The main things on a market level though will be job/ population growth as well as income/ income growth, price to rent ratio and of course property taxes. 

It's far more detailed than cash flow multiple - job growth, industry diversity, population, unemployment, all that great stuff!

@David Paez Hi David, you have probably seen that Lakeland, FL is a popular investment city these days, some of the reasons for this is that Polk County/Lakeland is ideally located centrally to Orlando and Tampa, we have many warehouses strategically located throughout Polk County, to include warehouses for Amazon, IKEA, RoomsToGo, PepsiCo and Publix which make this area strategic for distribution throughout Florida, something else worth mentioning Amazon is building one of their major Air Hubs at the Lakeland Airport, they will be taking over 47 acres to service their planes, not to mention Publix is headquartered in Lakeland, and we also have a large presence for Coca Cola bottling and Juices in Auburndale, FL which is about 10-20 min from Lakeland.Lakeland is also home to the yearly SUN 'n FUN held in April, which is Florida's largest annual convention, which spans over 6 days on 2200 acres, and it has been recorded to have had a $64 Million direct and indirect economic impact on the I-4 corridor (From Tampa to Orlando). https://www.flysnf.org/about/I have been investing since 2002, and my investments are mainly in Lakeland, Bartow, Auburndale and Winter Haven, I also like Lake Wales and Haines City, there is good population growth, and high demand for workers in these areas, of course keep in mind we are in a pretty descent economy right now, whatever you look at, make sure the numbers make sense, and if you purchase something, leave enough room for an economic downturn, I see many outside investors purchasing at higher than normal prices, because the prices seem cheap compared to other markets close to Lakeland, but this can become a trap if the market shifts in a negative direction.I would be glad to help you with your search

My market gets 13 million tourists per year and has a population of 50,000.

Those tend to get bid up at auction, especially in the more populated counties.