After market selection (1-3), my next task  is to segment those markets to avoid troubled areas.

In 2024, I cost segmented 2 high value properties and expect to pay very little in taxes.   

Yup, do it smart, as tenant's vacate, but I think your in the WRONG segment of REI.   

It's good for segmenting leads based on criteria such as location, types of properties they are interested in, budget, etc.

Working within this segment would also be a great way to learn. 

Homes that appeal to our target tenant segment range from $320,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandPopulation growth drives housing demand.

By adding in all property types, new con, pre existing, condos etc etc, and keep it segmented to JUST Luxury real estate $ levels.

A 5 bedroom will work for one segment of the travel market, not for a single, couple or family of 4 or 5. 

Tell us what your plans and goals are and what segment of RE you enjoy.....?

We’re seeing a big shift on MLS-listed properties now compared to the peak a few years ago: much higher DOM for certain properties, much higher inventory in certain market segments, more price adjustments etc. lot of deals on the MLS these days because buyers aren’t active at all, while some sellers still think it’s 2022, they’re getting greedy and listing way too high then  don’t adjust quickly enough when they have zero showings or offers, and let the listing get stale, then eventually cave when all they’ve got in hand is a blood-sucking offer from someone like us ;).