I guess in the end it's a personal choice based on your beliefs.I wouldn't want to be involved in projects like that knowing the living conditions.If a quality project was built then that would be different but not slum lording and taking advantage of common people and exploiting them.What you would need to look at is the CYCLE of the boom for jobs and what the picture looks like when the project is complete.Development of large projects can take up to 3 to 10 years to complete and get fully operational from the initial phase of research and development and site selection.Development can have a large risk as by the time the units hit the market other developers could be in the game as well.Then you can have with a market shift going from under saturation to over saturation of product.Then the expected returns you were planning to get could be diminished.Also in the first phase of the project market demands could change changing how you build out the units and increase build out costs and time lines.Yes developers can make big money but they can also lose huge money and I have seen it happen.You have to be very careful with projects like this.

I'm selling my places in Waterloo mostly because I feel that the market is over-saturated there.

It could be that the local market is saturated with units or that there's an oversupply of a particular size of unit.

I have run a couple searches online and notices that while the market is pretty saturated, especially within city limits, there weren't as many people trying to rest specifically to students as I would have thought.

The market is saturated with people looking for a good deal.

I believe the Maricopa market is still saturated, similar to the Queen Creek/San Tan market.  

With direct mail being over saturated (my opinion) I am leaning more towards other avenues of marketing.

I'm guessing the direct mail market is probably getting fairly saturated as well based on the number of post cards I get in the mail every month.

I'd like to invest out of state because the market I'm in is overpriced and saturated-San Jose CA.

Do you know if Colorado is becoming pricey/saturated?