Calculate the population change for different age ranges using the population age data for the most current year and the five previous yearsThe increase or decrease of the proportion of people in specific age ranges will dictate the property types that will be in the most demand.Job DiversityCensus.gov under the “Selected Economic Characteristics” tableDetermine whether a specific industry is responsible for a large percentage of jobs or not.Best Case:A market with outstanding job diversity will have no single industry that employs more than 25% of the employed population20% is e even betterDecent Case:If one single industry does employ more than 25% of the employed population, it’s one you trust the future of.This is determined by:Looking at the top employers or businesses and your research (talking to locals, reading local articles)Top Employers and BusinessesFind this information by Googling “CITY NAME + TOP EMPLOYERS)Determine the top 10 employers in the marketIf a certain industry is dominant in a market, analyzing the top employers and businesses allows you to determine whether the majority of those jobs are provided by one or two companies, or whether the risk is spread across multiple companies.This will allow you to track any developments within that company (are they creating a new facility, or cutting jobs?)

If your looking for lead generation this might help: http://www.biggerpockets.com/renewsblog/2014/04/23/acquisition-domination/If you ever have questions feel free to reach out to me.

@Robert CarlsonWhile it's good to receive advice on BP, I suggest you take the time to educate yourself through books, podcasts and more of in person networking at REI events and conferences on the topic.Start with "it's a whole new business" book by Gene Trowbridge.

Gene Hacker I have found the same thing about Craigslist, scams, solicitors, or people wanting to have a party.

Tourism, manufacturing, and the service industry began to dominate the local economy.

Your ability to raise capital from investors will be a key factor in scaling your multi-family investment activity.It's a Whole New Business by Gene Trowbridge

And the multifamily space is domInated by deep pocket Investors.

Set for Life: Dominate Life, Money and the American Dream by @Scott TrenchAside from the classic Rich Dad Poor Dad, Scott Trench's Set for Life is the perfect book for new investors to get their mindset right.

Reason being is this: There’s not one lender that will fund a 50k condo to a buyer in a community that’s an investor dominant community.

Daytona Beach has a few nearby colleges, and if he can get in to community college for the Fall and knock out some Gen Ed classes that'll save money and keep him right on track.This question really comes down to him.