Hi @Jake Mahaffey, welcome to Bigger Pockets forums and the great folks that populate it!  

If we take a look at the ratio between median home values and median household incomes for all incorporated places over 10k in population a clear pattern emerges. 

The properties I'm looking at right now are located in a place called Prince Rupert, in BC, Canada, which has a small population but has several key projects going on which keeps jobs and people flowing through the city.

Rents seem comparable, maybe a little higher in San Antonio, and we have a much lower unemployment rate and a growing population.

Forsyth County is projected to have its population double in size by 2050.

It will appear, double click it will populate the comment box with their name in blue, then they are notified.

I saw a stat recently that 75% of the population in the U.S. is within five minutes of one and they continue to add stores by the clip it seems.

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 StatisticsWhen you consider all the variables listed above you will be better able to judge a locations tenant quality.Also take into consideration the direction in which each of these market indicators are trending.

Total Monthly Expenses = $3900 Gross Cash Flow: $4875 - $3900 = $975/mo Annual Cash Flow: $975 x 12 mo = $11,700Cash-on-Cash ROI: $11,700/$90,500 = 12.92% Before you say I inflated my numbers.....I put a fair amount of $$$ upfront into this, so I'm not expecting CapEx to be significant (roof is new; I repaired boiler; HWH is new), and this is also one of most densely populated counties in the country so I am not expecting much vacancy.

Based on population in 3 and 5 mile radius, it seems market has only about 2.5 square foot per person.