Most folks have a real estate agent put together a CMA (comparative market analysis), which will look at recently sold homes that have similar characteristics to yours to determine what a fair price for it would be.

Its not used because, and at least from my limit experience, I've never come across two investment that had such similar characteristic that I needed to get that level of precision in my measurement.

For most students, the salary boost from going to a super-selective school is “generally indistinguishable from zero” after adjusting for student characteristics, such as test scores.

The location determines all long-term income characteristics, including whether rents will keep pace with inflation and how long the income will last.There is a straightforward process, comparable to peeling an onion, as illustrated below.

The location determines all long-term characteristics.

There are some products designed for interior/exterior use, which would be fine.Another consideration for not using exterior paint inside is the characteristics of the products themselves.  

Then further south it turns into near junk housing (unsightly neighbors but not necessarily a 'bad' neighborhood) near an industrial area but a few blocks south of that it turns into a rebounding neighborhood with lots of good rehabbing being done.

Easy drive to supermarkets, shopping centers, major traffic arteries, local job centers; access to public transportation.Those are a few visible characteristics I look for when buying or remodeling single-family properties as rentals.

If Canyon Lake or another market you like has similar characteristics, I think your plan is a good one!

What other characteristics are you all thinking of in terms of 'friendly' or 'un-friendly'?