@Douglas GratzData sources such as the American Community Survey, also known as the annual Census, can help you judge a location by considering key market indicators, which I list below.Some of the metrics that I find valuable to understand are:- Population Total- Population Age- Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime StatisticsAlso take into consideration the direction in which each of these market indicators are trending.

Is one aiming to have simply a positive cash flow to assume it's a good deal?

I aim for a minimum 10% of my purchase price in profit on a cosmetic flip.

I am interested in RE investing as a means to supplement my retirement income and build a financial legacy for my family.  

The reality is that with only one unit rented, you are going to be supplementing the cost on this quad more than just the value of the rent in the unit you are occupying. 

Hence, and am aiming towards turnkey companies that are vetted by BP members.Keep us updated.

Quite the opposite I think the concern is that the only way the government can afford to supplement workers income is to print money via treasuries that will artificially inflate asset prices and create an even greater divide between the haves and have nots. 

@Chatoyer Woodland I bought it under my name but I get the supplemental insurance to protect myself against lawsuits from tenants 

I am trying to aim for 3k in maintenance and cap ex.

The other thing is that the syndications, at least the ones I have looked into always seemed to aim for an exit after 5-7 years.