While certain segments like Midtown are growing with young professionals, the outskirts are not getting much better.

Fortunately investors can pretty much decide what segment they choose to partake in.

Wholesaling exists, in large part, because there is a certain segment of the population that cannot (or will not, or does not wish to) wait for a listing to do it's thing.

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

Houston Real Estate Highlights in JuneSingle-family home sales were down 12.8 percent year-over-year, the 15th consecutive month of slowing sales volume, however there were signs of overall improvement to the local housing market;Compared to pre-pandemic 2019, single-family home sales were up 3.9 percent and were up 2.3 percent versus the volume five years ago, in June 2018;The luxury segment, consisting of homes priced from $1M and above, saw its first gains in months, climbing 5.9 percent year-over-year in June; Days on Market (DOM) for single-family homes rose from 28 to 45 days;Total property sales fell 13.7 percent with 10,382 units sold;Total dollar volume dropped 13.4 percent to $4.2 billion;The single-family median price dropped 2.5 percent to $345,000;The single-family average price fell 0.5 percent to $431,092; Single-family home months of inventory registered a 3.1-months supply, up from 1.9 months a year earlier – the biggest supply in three years;Townhome/condominium sales experienced their 13th straight monthly decline, falling 17.5 percent, with the median price down 2.5 percent to $217,000 and the average price down 2.7 percent to $252,845;Compared to pre-pandemic 2019, townhome and condominium sales were up 5.1 percent.Source HAR

Good segment anyway and an interesting listen-https://www.npr.org/2018/04/17/601925433/a-decade-after-the-bubble-burst-house-flipping-is-on-the-rise

It's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.

It is incredibly diverse and it is unlikely to be impacted by continued decline in that segment.  

Just wondering what the particular customer segment is for this type and size of property.

Once you identify a segment that will provide the reliable income you need, determine what and where they currently rent.