Explore detailed population growth statistics at the Federal Reserve Bank of St.

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@Jadan WilliamsIf I were in your shoes, I’d start by clearly defining my investment goals and identifying target markets with strong job growth, population increases, and development potential.

Once you feel comfortable in running your numbers, figure out a good market that has good population & economic growth and landlord friendly laws.

It is likely that a huge percentage of that 10M-15M illegal immigrant population are renters.

I’m trying to increase my presence to the local renter population.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

You'll have a slight disadvantage compared to the local population, but nothing that should crush you.

The market you are looking for should be one with strong population and job growth. 

The macroeconomics are on fire here with population growth, job growth, and companies developing and building here.