Since I am lot junior to many seasoned investors here, I would like to see how the real experts go through DD process and what tools they are using. This is my DD process (which is far from optimal at the moment and hence advice needed) Finding a target suburb (I am using a combination of DSR data plus general property cycle information from different publicly available data sources). This is actually where most time gets spent as most information sources have conflicting information. I find DSR data a bit better than other sources but find the actual DSR score a bit misleading so I just use their historical graphs through the free option. I also use Corelogic paid subscription and data from Commbank Mywealth subscription. Once a suburb is found, I then try to double check all the assumptions (days on the market, average vendor discount etc.) through whatever other data I can find. Last step in finding target suburbs looking at the surrounding suburbs and often I end up finding a better suburb right next to initial suburb I was targeting. I look at the available properties on the market and the usual 'running them through a checklist' process. In about a month or so, I am able to find a property which fits the objectives. Tools used: Corelogic (very useful in identifying property history and finding comparables) RE Websites (mostly realestate.com.au) DSR data site Biases/Preferences Investing within 100 KM of where I live so that's just Sydney and surrounds. I would like to overcome this. Strictly 5%+ gross returns (it's getting harder but still possible) Close to schools & transport as much as possible Suburbs on some sort of future planning or gentrification path Staying away from trouble demographics as much as possible Suburbs expected to achieve 20%+ CG in a year or so from settlement I am currently running this exercise for the 5th time now. 3 personal purchases, 1 for a business partner and while I have had good returns so far, this is a very tedious process to follow so I am not sure if I will be able to keep doing this for my 20th or 30th property. How about others? What processes/tools do you follow?