The data you collect now will be invaluable when you have a property to sell.Social MediaIn today’s marketing landscape, there’s no denying social media is at the center.

Account Closed very good point with the national vs. local demographic observation.

Needs a new roof, alot of cosmetic repairs, some landscaping.

I am looking on possibly doing my first flip here's the details:3 bed 1.5 bath 1200 sf ranch with semi finished basement at foreclosure asking 70k really only needs paint,carpet and landscaping.

Millenials (like me) are still planning to buy homes, it just happens that this bulge in demographics are at the age where most of us are still renting.

Are there good sources for demographic data, price to rent ratios, etc...?

All in costs for my house (not including the principal payments I've been making for two years) is about $10,000 (down payment plus upgrades).So, I can rent it for $1,400/month, and after PITI and landscaping, monthly cash flow is $100 or 12% annual cash flow. 

I have a landscaping business, and I'm usually riding through several of my targeted markets constantly, in addition to just driving the other vehicles all over the place, so this will give me great exposure to drive leads for my company as well.

Expenses tend to go down each year as we do major work in first few years of each property (roofs, generators, landscaping, troubleshooting). 

The landscaping had been neglected for years so it needed major pruning.