At a 20% Down-payment, you would be in the property for $92,000 with a mortgage payment of about $1,650 if rates were at 3.5% 30-YR ($19,800 Yearly), Making the ROI 7.1%.These numbers would be too tough for me with the risk level involved in this deal.

I just bought a place in Vegas for a little less than 300k and tax's are 1450.00 a year.. so even though the 1% rule or 2% rule is a little skewed the low taxs  high fico and income level of the tenants here and no weather issues IE stucco house tile roof 10 years old. when you run all the numbers it seems to work OK.. 

But the property manager is an elite PM and he works alongside a rock star agent, My PM recommend I work with his agent because they work investors so my decision was to stop working with the initial real estate agent I was in contact with since he didn’t really work with investors and didn’t have the same level of experience.

What do you guys read, sources, websites to evaluate and assess the housing market at a macro level and regional level?

Hey BPersWhat do you guys read, websites, and sources to assess the housing market at a macro and regional level?

My experience - I rehabbed to higher level and didn't get my price (less than what I put in) so I rented. 

Good ole Fertile...I grew up in a similarly small town about 25 miles away and am very familiar with the area.High level- there’s nothing special about Fertile.

There is no one best way that works for everyone... too many variables like location, price point, geographic area, income level of sellers, etc...

If the local economy does not support that rent level, higher than market rents only attract irresponsible tenants.

It all depends on your goals, your resources, what market you’re in and your experience level and ability to pull it off.