The link is for downtown Chicago from May of 2023, but the statistics bear out for the entire Chicagoland region. 

Hi AllI am absolutely no expert, but the way I  gauge it is pretty simple, I start looking at pent up demand and if there is not enough stock to meet this demand ..... its probably a winner.Then it comes down to looking at some statistics, what is selling, who is buying, what is the average days for selling a property. 

I've never found statistics on this, but I've researched it a lot over the years and come to the conclusion that it is extremely rare, but it's also location dependent.

In short, look for properties that have unique features that money cannot buy; tucked into the hills, lots of land, unique land formations, scenic views (not just the ordinary desert view, we're talking real scenic jaw dropping views), etc.One thing to know about demand is that 30% of all active STRS on Airbnb came online within the last 2 years so although the number of bookings is up year over year, those bookings are being spread out amongst more properties which is bringing occupancy rates down.That said, many STR owners purchased at the height of this last STR bull-run hoping to cash in on the craze and are now struggling because they ran numbers using outlier pandemic year statistics.

Statistics do not show a need for the addition of a LLC it is more of a "thing to do".

I'm a recent US Navy Veteran currently residing in California; and over the past 6 mths I've found myself 24/7 compiling all the statistical data I can utilize to dial in to which market I'll be breaking into the multifamily rental property game.

The letter then talks about the risks of using a discount broker, all the ways the agent can net the homeowner as much or more than a discount broker, makes an irresistible, completely risk free offer for a “Free Home Audit” and a “Free Special Report”.The agent also uses a few great testimonials and statistics about their success (proof).

Statistics say people change fields almost every 5 years on average.

You can get unique IP statistics from the webserver vs actual calls you get.

Statistics show the majority of the deals come from the 5th mailer and beyond.