Here in So Cal, if you segment the market by price; the higher end has seen prices holding up well while at the low end there are almost no sales taking place.

.- You are on both ends of the investing world and the sweet spot is right in the middle.Think of the Monopoly Board - the best investments are the Orange and Red properties around Free Parking --- Go to Jail cards and the Go to Jail spot jump players over the high rent properties and the low rent properties in a way that mimics the supply and demand principles of the free market --The Orange and Red properties represent the highest rental demand segment of middle class America -- In my opinion that is where you will most successfully invest and if I were in your shoes, that is what I would do.Good luck and Happy investing -jeff

@Andrew Reyes, it depends on what segment of the market you are looking for.

Generally speaking, a small segment of the population is ever going to sell to you anyways.

The best investors go against the grain and invent the market segment they occupy. 

So for starters, I like to dabble in the cheap housing segment, currently bank with chase and chase doesn't do mortgages on these cheap homes I like to buy.

For 2018, Zillow expects to hold 300 to 1,000 homes in inventory related to the new Homes financial reporting segment, from which it expects $125 million to $255 million in new revenue.

Though, you just need to be sure you're sending to a list of motivated sellers (whatever segment you choose).

The market here is at or just past its peak from an overall perspective, but there are a few segments of the Aussie market that would still be OK investments.

Small towns may rely too much on a single company or market segment.