Account Closed  there are several threads here that hash this out in detail.

Also, thank you for the detailed write-up.

Not only that, but I took a 4 month class completely dedicated to creating a business plan, which is now coming close to around 25 pages with all details considered. 

While I acknowledge that economic strength is just one facet of a good rental market, it is a major factor and I wanted to share what I've found (the details of my methodology and raw data can be found after the various rankings):Top 10 best economiesProvo-Orem, UTSalt Lake City, UTCharlotte-Concord-Gastonia, NC-SCChicago-Naperville-Elgin, IL-IN-WIDallas-Fort Worth-Arlington, TXKansas City, MO-KSLongview, TXLouisville/Jefferson County, KY-INSan Francisco-Oakland-Hayward, CABirmingham-Hoover, ALThere were two main factors to overall economic strength that I looked at – how diverse/broad the economy is and how many economic drivers (i.e. strength) the area has.

PM me if you want a detailed tool to calculate rental potential.If looking for a mentor - check out this other post.

I have no detailed or specific plan yet but after some initial reading and own thoughts I was thinking of the following.

I am rather new in the business and this REIA group)Here are the details (as much as I have been given so far verbally.

I plan on buying this time next year, but I need to learn a lot more about the details.

The ones I see most with investors are:1) Not having enough cash to handle expenses and rehab2) Unrealistic expectations on returns (especially in a hot market like Austin)3) Lack of patienceKeep us posted on your plans and I’d be happy to connect if you would be interested to talk in more detail about our current market.

I know this is sort of vague but we haven’t gone in to any real details on what they are really interested in just yet.