What metrics do you use when deciding if it's worthwhile to enter a certain market?
Looking to get into some new markets. What should I base my decision on? For example what type of population growth are you looking for. Also where do you get your data from. Most sites have contradictory data.
[{"id": "ii03e2b", "text": "We look at 3 main stats at a high level prior to investigating further for possible multifamily investment.\n\n1. Over the past 20 years; has there been a steady increase in population (about 1%-2% per year)\n2. Over the past 20 years; has there been steady job growth (about 1%-2% per year)\n3. Over the past 20 years; has there been a steady decrease in crime (steady decreases over long periods show that cities are cracking down on crime while investing into healthcare and education).", "replies": [{"id": "ii0lgai", "text": "Thanks.  Do those numbers apply in smaller cities as well or do you adjust them best on population size?", "replies": [], "depth": 2}], "depth": 1}]