Condos , for me, add too many uncontrollable variables in a segment that already is under assault by local and state governments.

If you would like background on each criteria, let me know.Metro population >1MBoth the state and metro populations are increasingLow crimeLow operating costs (taxes, insurance)Limited urban sprawlMetro rent and price growth rate > inflationLandlord/tenant rules and regulationsOnce you select a location, work with local property managers to identify a tenant pool segment with a high concentration of dependable tenants.

Deals are making less and less sense in the multifamily segment as of recent.

Overall, it's been quite profitable and a fun segment in real estate. 

I think it has been much more geographically segmented, more of a 'big city' thing and further fueled by politicians and activists; but I am looking forward hearing what to what others have to say.

People are finding all sorts of creative customer segments to market to and many are doing very well!

Depending on the location and target tenant segment, rents and prices will keep pace with inflation.

That was followed by the $500,000 to $750,000 segment, which soared 132.2 percent.

Between the John Oliver segment, the article that pop up every few months, the big blow up at that park in upstate NY run by another well known figure in the space, the writing is on the wall.

Our luxury segment was a wasteland though, near to no tenants and the few there was, were beating you up savagely to negotiate great deals.