It's mostly a demographic question at this point, with the trend leaning towards solar being standard in the next few decades, at which point that premium would disappear.

Because my business focuses on wealthier demographics, 60% of my efforts goes to less than 10 homes and I delegate the remaining 40% to my staff of 2. 

Once you've arrived as you have there's really no reason to try to dip into the lower demographics to eek out cash flow. 

Hey mate,Take your time (As much time as necessary) to get the right feet on the ground first and foremost.Many folks get caught up in the attractive numbers a potential market presents and completely neglect building a team.A good ream on the ground will make or break your investment and not so much the demographics of an area itself.You can minimize your risk by buying super cheap thus hedging any "mistakes" you make in rehab or by working with the wrong people.Be patient and negotiate tough and you should find a bargain.We do even in today's market although much less often than 3-4 years ago.Direct mail, wholesalers and good old Craigslist are just some ways we buy a lot of our properties.We are also on the list of various disposition managers that send us deals.This site has some decent deals from time to time also - https://investorlift.com/And forget about appraisals unless you manipulate them.It's a blood joke if you ask me... lolI've had deals appraise for less than we bought and rehabbed which is impossible.And I'm pretty confident that my company has bought, fixed and sold more properties in our lifetime than many appraisers have appraised.Appraisers sometimes like to be A$$holes and give a lower appraisal just to screw with the flippers profit.I think they sometimes do this out of jealousy lolIt's a funny world we live in.Just my 2 Aussie cents.Much success 🙏

From companies that spend alot of money on demographics.

Thanks in advance. 2 bedrooms is a solid choice in this demographic.  

Do not invest locally either until you learn the market geography, demographics, comps, pricing, and rents like the back of your hand.

Building a list can be done with ads on Facebook, Instagram, bandit signs, Craigslist, Google ads, referrals, and so on...knowing the demographics of your local area and what they can afford is really important and will direct which homes you can bring into your parks. 

Long term is also easier, because it ultimatley always comes down to supply and demand, the rest is just noise.Paying attention to changes in demographics is super important and the probability of people ageing is 100%.

Sure they can get different demographic lists than I can get and I love their automated back end system for address correction and such.