This is particularly true if they are Millennials, which is something I've written more about here:https://www.biggerpockets.com/forums/621/topics/396725-millennial-migration-to-sacramento-2017---here-comes-the-rushPeople who are stuck in the Bay Area with nowhere local to invest have an opportunity to get in front of this migration and see some good appreciation and rent growth heading into the future. 

I'm a millennial and live close to downtown so fit in to this demographic.  

A lot of this recovery is primarily linked with millennials coming of age and buying/renting homes as well as homebuilders constructing these homes.

But then again I am a single millennial who cant wait to do something weird, like nothing but a hammock and a motorcycle. 

It'll continue to be that way with millennials.

Demographically, we also have millennials start to hit the age of household formation, which is putting pressure on the starter home side. 

IF you have a class A property you will be renting to singles, young professionals etcYou will probably have more tenant turnover, but there are a LOT of young millennials looking for urban living in places like Lower GReenville, or Uptown or Knox Henderson etc.I think your biggest considerations are property taxes, rental regulations and do the numbers work. 

Interesting articleThese Entrepreneurs Spotted the Housing Boom and Bust. Now They're Having Deja Vuhttp://www.inc.com/magazine/201702/bill-saporito/h...

More and more millennials are becoming minimalists and there may be a market for those who wish for smaller and simpler living.

If you're a renter trying to decide whether or not to buy, you will be much better off buying now rather than waiting.All of the young millennials I know now who are sitting on the fence about it are thinking way too short-term.