The numbers you find in the news are usually for all properties combined, which tells you very little value.In 2005, we selected a specific tenant segment that has proved to be a highly reliable source of income for our clients.

Even if you can in your chosen market get a STR worthy property you will be on the lowest barrier to entry segment. 

My suggestion would be to start talking to 5-10 people in each segment of real estate and ask them a similar set of questions.

From what I've been looking at I feel that properties that are mid tier for the market, rather than high end, can often appreciate very well as they are sought after by a large segment of the local population.

.** Small towns may rely too much on a single business or market segment.

Therefore, you should buy properties that attract the segment with the highest concentration of reliable people.Each property attracts only a single tenant segment because its characteristics match only one segment's housing requirements.

It appears the percentage of people living this way is growing and the internet is giving them an easy way to constantly complain, "woe is me".Unfortunately, politicians are starting to pander to this segment of the population for votes.Unless something changes, morally-challenged politicians will give more and more government subsidies to these people (to get re-elected), increasing the national debt until the country defaults on its debt.

He is very knowledgeable about all segments of RE Investing

Something to try to appeal to more than just 1 segment i.e. ping pong enthusiasts :)

Homes that appeal to our target tenant segment range from $350,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandPopulation growth drives housing demand and price and rent increases.