Now that housing is in such short supply and home/rental prices continue to increase monthly, we expect more tenants staying in place this year and next year and see less benefit to us for a 2year lease as we expect most of our tenants to renew. 

The factors could be as follows:X1: Zipcode Median incomeX2: Zipcode predominant race @ time 0 (dummy variable)X3: In 100 year flood (Dummy variable)Xn: Still considering factorsY variable would be something like % price change over a certain time frame (maybe 15 years).I'm hoping someone has some suggestions as to where we could get our data from, as I know the data exists, but just trying to find an efficient way to get it is proving challenging. 

My original budget was 85k for work but had to do more than planned plus supply cost and labor went up, thank you COVID, so had over 100k into Reno. 

I recently came across the following listing (https://www.trulia.com/p/nj/mo...) and wanted to get your initial thoughts / mindset on how you would potentially analyze this property as a potential investment.From a high level perspective, these are the variable factors that I considered when crunching the numbers:- Purchase Price: $500K- 20% down / 30 year mortgage~6% interest rate (conservative rate)- ~$9,500 / year in property taxes - agent mentioned you could potentially collect a total of $4K / month in rent (one unit is currently being rented as month to month while the other is vacant), but let's use ~$3,800 to be conservative- so ballpark estimate of my monthly mortgage will be ~$3,500 and if I'm conservatively estimating a total of ~$3,800 a month in rental income leaving me with a net ~$300 / month- therefore my CAC for the year ($300 / month x 12 = $3,600 / initial cash outlay of ~$112K ($100K down + ~$12K in closing costs) = 2.5%I know there are other things I didn't consider such as vacancy rate, maintenance, and whether I would use a property manager which would all drive the return even lower but a 2.5% return doesn't seem like a good investment.Am I thinking about this the right way?

You might try https://www.mfssolutions.com/.I have not used them, but had their info in my contacts, so must have thought they were interesting at some point.Same for bulkwooddesign-cabinetry.com  in Dallas.Might also try Surplus Building Materials in Addison, but not sure they do bulk.There is someone in the multifamily community that also does bulk supplies...trying to think of who that is....they're really an operator, but do enough renovations they started a sideline business. 

. - I earn a strong income relative to my my investment- I could cover my investment’s expenses even if I received no rent, ever- I have a Strong Cash Position + Access to Liquidity:- I have the Down payment in cash (even if that down payment is 3% or less)- I have cash for any anticipated Closing Costs- I have cash for any anticipated Rehab Costs- I have access to plenty of credit and short-term financing, after the mortgage, should I need it on top of my cash cushion- If I don't have a strong financial position, I have a financial partner who does- I have a Strong Credit Score (700+)- I have or will commit a Meaningful Amount of Time to Real Estate, especially upfront- I am willing and able to DIY everyday household projects if necessary, and/or am willing and able to skillfully hire and manage contractors and property managers- I have Strong Analysis Skills - I know what a “good” deal means to me in my target market and can analyze a potential deal in 15 minutes- I have a Strong Economics Foundation- I Understand terms like IRR, NPV, CoC, ROI, and CAGR, and have a preferred way to compare investments- I Understand macro factors (supply, demand, interest rates)- I have a strong understanding of local market (zoning, easily calculate ARV, “path of progress”, etc.)If you can answer yes to all of this, then you should get going - no reason to wait. 

I will say there are a lot of variable to consider other than origination points and annualized interest rates, but generally I'd say origination points are likely between 1-3% of the loan amount (paid either upfront, at payoff or a combination of both), and 10%+ interest only payments for 12 months (could be more or less) and generally want a 1st lien only.

Going to be difficult to solve a supply side (labor/oil/materials) problem with a demand side solution. 

Wait, 50% of the Colorado river water supply goes to LA and 01.8% goes to Vegas, so you’re considering eliminating Vegas and going withLA instead?

One thing to note is that in Boston a high percentage of the multifamily housing supply is 3 families and you are severely limiting your options by only looking at 4 units.