Vacancy rates for both owner-occupied housing as well as rentals is at a record low and for the first time in 100 years the average US household size grew because young folks can’t find a home to move out and start a new household.

As I have observed and experienced, it's the underlying politics and economics of this city that make the current positioning and future trajectory of Indianapolis so strongIndianapolis is showing 40% better GDP over the last decade; remarkably low unemployment; surge in tech; and our median household income (+21%) is improving at nearly double national average rate (+12%).There has been $15B come into this city over the last five years.

Cleveland is great for cash flow, with around 60% of households occupied by renters.

Thetenant profile forxxxTrice Rd.Lamar,GA 30xxxis as follows:Nosmoking/vaping on property (inside or out) We do not rent to smokers(of anything)Creditscore600+.Minimumverifiable monthly household income of $2500.00 ($30,000yearly)Nonrelated adult occupants must each qualify for the property.

Some of the top public schools in the state, median household income over $100K, little to no poverty, commutable to both Philadelphia & NYC. 

It said 53,000 households had moved.

And in the medium term, the Tesla I am driving is so much more of a car than those BMW and Mercedes, and when they come out with Model 3 in two years for $35,000, and cost of ownership becomes identical to that of a nicely equipped Honda Accord, there will me a mass shift to electric transport at the household level. 

Develop BiggerPockets into the most beloved brand in real estate, have it become a household name in America, and help millions of ordinary Americans feel comfortable taking advantage of the wealth building power of Real Estate.Thank you BiggerPockets!

Location Investment criteria> 50,000Near Walmart, Lowe’s close driving distanceUnemployment < 8 %Median household cost > 100,000 so you are not competing with stick built homesPopulation growing, stable, not significantly declining Great School district Crime rate not crazy Job diversity: call chamber of commerce, new jobs/employersPlanning and zoning figure out what type of zoning you have what you can and cannot do.

SFR's are still strong and some of the outlying area's which in days gone by would not have seen investors drive through let alone purchase property in, are now good area's to checkout (Otara, Onehunga, Mangare Bridge etc).As always, if you're on the ground, there are deals to be had, but with property prices at 6-8 times the average household income, for me, the figures (currently) don't work with ROI's in the low single figures . . . .