With all the new businesses coming into downtown Detroit, the demographics is changing very rapidly - Exodus of older-generation auto industry workers are replaced by a steady inflow of college-educated young talent into Downtown Detroit for jobs created for the new economy...Same thing started in Pittsburgh about 5-10 years ago: https://www.citylab.com/equity/2015/08/brain-gain-in-the-rustbelt/402922/2) coastal cities are getting so expensive that most millennials and Gen Z cannot afford to live in San Francisco/Seattle/NYC anymore.

If you want middle class, that's one neighborhood, if you want high paying millennial, that's a different neighborhood.

I've written about this migration pattern extensively here on BP:https://www.biggerpockets.com/forums/621/topics/396725-millennial-migration-to-sacramento-2017---here-comes-the-rushEvery week I analyze every single 2-4 unit multifamily property from Placer county all the way down to Merced, and here are the numbers you can expect from the better performing properties here in Sacramento county:PRICE: ~$306k25% DOWN: ~ $76.5kMONTHLY RENTS: ~$2,250ANNUAL RENTS: ~$27,000PITI @ 5% w/ 25% DOWN: ~$1,640PITI CASHFLOW MONTHLY: ~$610PITI CASHFLOW YEARLY: ~$7,3201% TEST: 0.74%GROSS ANNUAL YIELD: 8.92%PITI CASH ON CASH RETURN: 9.95%If you ever have any questions, or simply want to reach out and connect with other local investors and real estate professionals, simply join the conversation already going on in the local forums here on Bigger Pockets for Sacramento:https://www.biggerpockets.com/forums/621-sacramento-real-estate-forumFeel free to reach out if you have any questions about the Sacramento market, and best of luck!

This is a millennial way of thinking and I want to keep current with my tenants ideas.

If you're looking for more information about the program, I highly recommend checking out Episode 55 of the "Millennial Real Estate Investor Podcast".

Learned a new Millennial term today - house hacking.

In addition to updating fits and finishes.As millennials age we will probably see migration to the suburbs anyway, but Gen Z is right behind us to continue to rent in the more trendy areas.New construction at the higher end may have more offices incorporated into them, it's difficult to say.  

I am 22 years old, and live in the DC metro area (rated one of the best cities for millennials on several lists). 

For a millennial such as me, I do find the area quite boring with not much to do.

(Afterall, many "Millennials" just aren't buyin' these days!)