Once you've identified what's important and what ratios to look for to evaluate a property, all future deals should be weighted against those "good" ratios/numbers - and periodically adjust to suit your goals.

How do you identify emerging markets before they become over saturated?

I think what you're really asking is how to identify good value areas where rents may be trending upward but the prices still remain relatively lower.An important metric is tenant household income to rent ratio.

Once you have some leads coming in, you'll start to see patterns in what kind of traveler is looking for your place(s).

Our job is to rapidly identify, qualify and analyze all listings, tour the propsect as soon as possible and write workable and winnable offers.

@Kasey Hardt very interesting,  didn't realize this was a pattern but even I've got friends that are getting recruited to the area for medical device startups etc, so could be a very interesting trend to watch.

For cash-on-cash evaluation of rental properties, it is critical to identify ALL of  your acquisition costs. 

Then you could get a rug with a simple trellis pattern in one of those colors.  

I think you see the pattern.

When hanging, the contractor will spread the Green Glue on the new panels in a random pattern with a caulking gun.