Brewery Town's "West Girard Ave" is sketchy BUT the millennials are checking out the area bars...and some are living there.....I think it's a C moving to a B...why?  

I think there is a lot of potential in the area given the reasons you've already listed, location (close to the freeway and SF), millennial's rental preference, proximity to public transportation, etc.    

I think it has something to do with the crazy "millennials" who love their "apps"!   

Austin’s population of 20-34-year-old millennials totals about 500,000, or about a quarter of their total population.

Do you prefer to be more passive or active, more in control or less, hands on with a hammer or not, good with people and negotiating or not, good staring at numbers for hours or not, etc. etc.”Personally, I do not use business cards and that is because I have yet to find myself in a situation where I would need to pass out a business card and if I do, I still have my W-2 job that is still very much a part of me and actually a job I treasure as it has helped shape me into the person I am today.Should someone need to get a hold of me, I can give them my W-2 business card, or simply swap numbers right there as I hate carrying additional paper on me and in this digital age, you will find that more and more people are using hard copy documentation, less and less.It just seems to me to be an unnecessary expense.I suppose it would matter if you were a wholesaler or into a niche that required it, but for me as a buy and hold, I go cheap and I stick to phones.My market also dictates to some extent what I choose to invest in.I do not have a website and/or business cards because living in Denver and primarily dealing with Gen X and/or Gen Y (Millennials), none of these groups, and especially the later, care to be carry around your business card.Anyway that’s just me on the whole business card deal.As far as investment strategy, I “ABSOLUTELY” love the way these gentlemen have explained it above.Personally, I love control.I thrive on it and have always wanted to be my own boss.It is for this reason that I actually self-manage all my rentals and plan on doing so for as long as I can.I am also very analytical, organized and a little of a thinker, constantly building systems and tools to make life easier.Because of that, I find that self-managing is something I do fairly easily.It didn’t always used to be like that.It is a skill I have developed and continue to develop over time.I also find that I want to scale quicker so for me the focus is multi-families not single families.Additionally, I prefer smaller not large multi families.So 12 maybe 16 unit max as I am also looking to provide a certain kind of home that the larger type multi families I feel will not be able to get me there.Anyway, great thread and thanks for all the input as it helps the rest of us learn too.Oh, just like Brian, I could never be a wholesaler.My passion is in the active, control, with some hands on DIY, staring at systems kinda thing.Cheers!

I'm a Northlander and love it here in God's country, but there really aren't any "Millennial Traps" within 15 miles of KCI.

Surprisingly enough, I think the Millennial population is growing faster than the baby boomers, and thus one would actually look into areas where millennials are getting new jobs (Nashville, Austin, SoCal, etc.) 

I own some rentals in a couple college towns...My advice is to stay on top of city trends, school trends, and general millennial habits/wants.

As you most certainly know, housing affordability is a MAJOR issue, and that's why Arizona is attracting millennial money like a magnet. 

Stockton:https://www.biggerpockets.com/forums/627/topics/424510-how-to-invest-in-stockton-ca---a-detailed-overviewhttps://www.biggerpockets.com/forums/627/topics/516789-stockton-and-lodi-to-be-4-housing-market-in-2018Sacramento:https://www.biggerpockets.com/forums/621/topics/396725-millennial-migration-to-sacramento-2017---here-comes-the-rushhttps://www.biggerpockets.com/forums/621/topics/444774-sacramento-neighborhood-map-and-ratings----finally