Ie, if there are 300 units but only 50 cater to families with kids, consider the income potential of competing in that smaller segment of the market by being more purposeful in your offering.

https://www.har.com/content/newsroom/Houston Real Estate Highlights in April, 2023:-Single-family home sales were down 18.4 percent year-over-year, as prospective homebuyers pull back their purchase plans amid mortgage rate fluctuations;-Compared to pre-pandemic 2019, single-family home sales were down 4.7 percent, however they were up 3.9 percent versus the volume five years ago, in April 2018;-All housing segments experienced sales declines; -Days on Market (DOM) for single-family homes rose from 34 to 55 days;-Total property sales fell 20.7 percent with 8,912 units sold;-Total dollar volume dropped 19.7 percent to $3.6 billion;-The single-family median price dropped 3.6 percent to $331,000;-The single-family average price fell 1.3 percent to $419,929; -Single-family home months of inventory registered a 2.7-months supply, up from 1.3 months a year earlier;-Townhome/condominium sales experienced their 11th straight monthly decline, falling 33.2 percent, with the median price flat at $234,000 and the average price up 1.7 percent to $279,257;-Compared to pre-pandemic 2019, townhome and condominium sales were down 9.6 percent.

I actually realllllly like a little segment of Indiana just outside of Chicago for high cash flow, but cheaper purchases and better laws/lower taxes :)

in our zip code we only have 2 to 3 to sell, my DOM is 72 hours LOLI'm always amazed the Fed thinks the solution to inflation is to wipe out construction, and thus real estate, specifically because they are the broadest based area of employment in the country, and feed into every business segment, in every town.

I sold many ranches to very wealthy folks that wanted to own a big ranch for their recreational purposes.. same theory of the very rich buying up the big ranchs in Montana and other places.. its just another segment of real estate and one that is never really talked about on BP because this is predominantly a wholesaler or landlord site.. 

The homes that appeal to our target tenant segment are priced between $320,000 and $475,000.

If you have any questions, don't hesitate to ask.I talk a little bit about my first deals and how I got started on the BP Podcast Show 25 - My segment starts around 43 minutes I believe.Hope that helps!

Foreclosure lists often include many factors not just a segment of those in real estate.

I bought a 3000 sf foreclosure (upgraded from 1000sf 2/2 condo) that I had segmented in my mind into 8 bedrooms (5 upstairs, 3 downstairs) and we only needed 2 for our family.

You as a knowledgeable property manager in that area likely knows why that is.I am 100% out of that segment in that market, with good cause.