Based on the questions I routinely answered, there's a substantial segment of the population that has no business changing toliet paper rolls, let along left unsupervised with a caulk gun.Now, if you are the tenant, can you do a professional job of recaulking?  

All the gimmicks, tricks and annoyances do no help at all, not to connect with a skilled performer in this segment, and know there is very VERY few of us who are top performers in this niche of Real Estate. 

I'm curious, what segments are you looking at that would be profitable?

It doesn't need to have granite countertops (however, that's also a segment of the student population you can go after), but it needs to be clean and solid, with no holes in walls, doors that don't work, etc.

Job loss is a really rare one to be honest, this is such a tiny % segment of things, it's like foreclosure, but even less.

There are a bunch of things to look at (DOM going up or down, cash sales vs financed, types of financing, closed sales going up or down, new inventory going up or down, average & median sales prices trending up or down, etc. . . ) and you'll want t o look at these for each market segment you are interested in. 

That's not for everyone, some love dealing with luxury segment and all the diva's, all the more to them, or into retail 1st time buyers, or water front, or or or.

A good tenant is someone who:Has stable employment in a market segment that is very likely to be stable or improve over timePays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsGood tenants are the exception, not the norm.

I am from Spain and have recently started to enter the RE market, so far partnering with some APIs in the luxury segment.

Each month I produce numbers for our cashflow, and segment out our expense categories as well.