It seems like NPN's have gotten trendy right now and there are a lot of new investors bidding for fewer assets.

Trendy, tacky, I would never want to live there.I think you have to stick to your niche and what you are comfortable with

I know I have to check my mutual funds monthly and make sure the trend is still at least even. 2 months of decline I'm calling my guy on the phone and asking questions like "Whats up with this fund"?

White tends to be the trend. I

I don't invest in war zones but I make good money with my low income properties.Good areas can turn into really bad areas and sometimes bad area can become trendy and flourish ( I think Mike M has an example for the former...

When tax authorities recently surveyed the returns of 150 doctors with offices in the trendy Athens neighborhood of Kolonaki, where Prada and Chanel stores can be found, more than half had claimed an income of less than $40,000.

Very trendy and good food.

You can look at the MLS to see an appreciation,decline,or flat curve for your area and what the trend is doing and at what pace.The biggest mistake a builder or developer can make is to paint a rosy picture of a return and when they sell to market they break even or lose money.For example are short sales,and foreclosures increasing in your area or older homes needing rehab??

The trend I started noticing in 2008 and my investment thesis for last 10 years...https://www.pressreader.com/belgium/the-wall-street-journal-europe/20161103/281771333749176Let's discuss this...

The other interesting trend is towards value add "flipping" of multifamily.