That leaves an additional market demand of 780 units.

One-person rental units are in the highest demand, and co-living directly appeals to this market.

I can tell you first hand that the demand for student housing is at an all-time high. 

STR demand is there, but regulations can be stricter.2.

Good property managers are in high demand.

Any insights on rental demand, tenant turnover, or local regulations?

In return, you'd earn interest on your loan without the responsibility of property ownership.Diversify in Other Asset Classes: Since you’ve had success with stocks, you might want to consider diversifying further into things like bonds, index funds, or even crypto, depending on your risk tolerance.As for the parking lot idea, it could be worth researching the market demand in your area.

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants…Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifying income…Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment…AssetsWe are one of the few management companies that requires a bank statement as part of our application process…Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX)…UnderwritingTraditionally, landlords have only looked at the income of applicants…ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious…

Great points, ZharaBirmingham has relatively steady and diverse rental demand, and I’ve seen many investors I work with have success with C/B class buy-and-holds.Location is key—areas near UAB, major employers, and popular suburbs tend to have the strongest rental demand, while C/D class markets offer solid affordable housing and Section 8 opportunities.

For fix-and-flips, you should focus on Atlanta neighborhoods with strong demand and a good spread between distressed properties and ARVs.