It is a booming economy with East Carolina University, Vidant Medical Center, and a strong industrial base as the main drivers.

The turnkey company makes money on rehabbing properties and selling them, capitalizing on economies of scale to create equity at wholesale rehab prices, and through a PM fee (often about 10%).

Both have relatively inexpensive properties, moderate taxes, good rents, and decent city services and economy.

There are huge economies of scale when it comes to parking so not every "major" company is in every geography.  

Each of those industries is adding more jobs to the economy (jobs that can pay a good salary) which will allow people to keep purchasing.  

A diverse and growing economy?

I don't know—I tend to think the economic response of Hurricane Harvey will be different than that of Katrina, mainly because Houston's economy is very different than New Orleans' economy.

He above all should appreciate the negative consequences for the economy of any potential repeal.

I realize there are all sorts of investment types and goals out there, but the beauty of multi-family investments is in the economies of scale.  

Before I move ahead with due diligence, could those with experience in the area give me some information on it in terms of rental demand, crime, general economy, demographics etc?