Do you buy in an area with a decreasing population?

[Jeff Campbell]

I noticed in this market it has more renters than homeowners. The percentage was 55/45 in favor of renters. It seems like a good deal and looks like the numbers will work. It is a package of 4 with 3 currently rented. 2 of the 3 are with long term tenants. If the numbers work does it make sense to do this deal? The decrease in population isn’t drastic, but it has been on the decrease gradually over the past 10 years. 10 years ago it’s was at a population of about 8,000 and now about 5600.