Before purchasing for investment , Check these facts

Before purchasing for investment purpose,
Check these facts which helps to picture in larger scale (macro) demand:

I.Demand
A. Population growth
B. Employment and incomes
C. Costs of doing business
D. Quality of life
E. Wealth
F. Community attitudes
G. Entrepreneurial spirit

Remember though, above demand facts in an area does not promise a profit. Also check signs of supply, which are;

II. Supply: Review potential competitors
A. New construction
B. Existing homes for sale
C. Existing homes for rent
D. Condos for sale
E. Condos for rent
F. Apartment vacancy rates
G. Apartment rent level
H. Available buildable land
I. Zoning and land use restriction
J. Deliquencies and mortgage foreclosures