Growth Emerging Markets 100K -250K ??

[Tj Hines]

Hey there,

Over the past few weeks I'm getting more and more intrigued on the commercial side of apartment investing searching 50 units and up in submarkets of at least an 8 cap and a 10% or greater cash on cash return with 10% or greater being earned over the life of the investment. 

When investing in this asset class job growth and population is key. I've been hearing different people say you need to be in an area of at 100,000 people in population and then other hand I've been hearing from other folks that you need to be in an area with a population of at least 200,000-250,000?

Do you know why these numbers are far apart. Is it just personal preference that one would choose a market with a population of 100,000 over 250,000?

Looking forward to your thoughts on this ...

Thanks