How do you know which city is good to invest for rental?

[Michael M.]

Hi All. I've read numerous posts on people suggesting certain cities to invest in, but was wondering how do you determine if the city is a good one? Are there certain websites you look at or particular indicators that help? 

Thanks, 

[Dave Van Horn]

@Michael M.

Some things to look at:

Population growth, job growth/local economy, housing starts and new construction, what's the locations' industry or industries, foreclosure rates, etc.

You might want to check out the book "Timing the Real Estate Market" by Robert Campbell. He breaks down a lot of these indicators.