Tim, I like it because it's smaller and easier to wrap your head around.And there's less driving (which, as any Rhode Islander will tell you, is a scary thing - see http://s3.amazonaws.com/citybuzz/2014/07/rhodeisla...)There's less competition, but the #s are also smaller which means that, say compared to Boston, the profits generally are smaller so you have to work a little harder.In general I don't view RI as being particularly business friendly, nor this part of the country to have favorable economic/demographic trends.

That's just one demographic.

I have a groups there where they might be worth 1 million but add in 2 other family members worth 2 million net worth each and now they can buy a 4 to 6 million strip center in an awesome location in Texas with 25% down.Higher demographics for desirable areas dictate higher per sq ft rates.

I say he appeals mostly to minorities only because he tells you very clear that his target demographic.

I would be happy to help show you what's currently available in the Fresno area  and can get the rents for you too ( in most cases) Right now there is duplex north of Shaw that is getting $1676/mo - asking price is $184,500By comparison, you can also pick up a fourplex just south of Belmont getting $2325 /mo for $195,000two completely different neighborhoods and demographics - depending on your preferences and objectives either one can be a good deal for you.There are four investors groups in Fresno you can attend - just check out meetup.com to see which ones work best for you. best of luck to you - let me know if I can help with anything .. best wishes

You can use readily available demographic information to figure out who lives there. 

At the end of the day, I think you just need to make sure that you are not "over-improving" the property for the neighborhood and buyer demographic.

We have a fairly strict requirement on the amount of land we need and the demographics.

You always want to look at the more detailed numbers,  and the overall demographics of the area.

I don't do the guru thing so I'm not sure how they pitch it, but it struck me as a demographic which could use an out.