Most people who i work with from BP using this or similar strategies are young professional millennials, qualifying for a purchase price on average $550-$750K give or take, and with that price point wanting something North Park, Normal Heights, Mission Valley, Clairemont, Serra Mesa, and Mira Mesa. 

Millennials have basically given themselves two options in terms of housing: renting, which means kicking hundreds and in some places thousands of dollars out the door every month, or buying a nice 3-bed/2-bath that they can barely afford and drains their cash flow.

For example, a city might have an almost stable population, but actually be experience an influx of young people while the older generations die off or retires to Florida, resulting in the same pop but a much more vibrant and lucrative tenant base (millennials are where it's at).

(Warning: Millennial advice) “Go do you bro and don’t worry about it”

That kind of jump is motivating to any investor, because it goes to show you don't have to think small forever.Podcast #223: This is the one I've been making all the millennials at my office listen to because it really gets them thinking.

I might be too much of a millennial, but I want to open an account online.

I talk to plenty of millennials who already have 5+ properties, pretty impressive and will be retiring a lot earlier than most.

I really like what is happening in most big cities were certain areas of the inner urban core is being revitilized from Ghetto status to millennial filled up and coming neighborhoods.....

When the millennials have to start paying back student loans in Aug/Sept, that is also going to hurt travel.   

If you’re optimistic I could see saying something like having a good strong market for the next couple years with maybe a small blip, but to go out further is just absurd.I do think millennials will start buying more houses in the next 5 years or so and that will keep a strong demand for housing