Many millennials want the apartment but that will change as they get older and have a family.

So if your property appeals to a younger/millennial crowd (who, because they buy Android and not iPhone, you know are not great decision makers :) ), then it may be a good idea.

Millennials out number baby boomers.

I have two millennial children and they prefer and use email and text for everything.  

Victorians are pretty trendy, especially with some millennials.

"Millennials showed especially strong increases in job confidence and income gains, a necessary precursor for increased housing demand from first-time home buyers."

There are small building projects around my 2 mile radius for new homes and shopping centers that are leading me to believe that the Mckinley Park crowd is moving westward and will hopefully see a millennial shift within the next 5 years...definitely work looking into as long as you were ready to rehab for buy and holds (small profit for flips)

With millennials wanting to purchase closer to an urban core, you'll have buyers for years if you want to sell.This article I linked to differs with my opinion and it reads a little like one of my favorite books, Think like a Freak by Steven Levitt and Stephen Dubner.  

Vacancies are low and there is a lot of demand to be in Riverside, its the best neighborhood for millennials in all of the USA.

How about $175K house bought in 2010 for $175K in county tax only area got sold for $129K in March 2010.I meet millennials quite often paying 70% of their post tax salary as rent sharing rooms with number of people depending on neighborhoods in SFO , buying stocks at peak in first few days of trading now trading @40%- 60% .My two cents - find five friends whose average income and investment number is your goal and move on.