Both has tenant screening and I posted in my listing clearly to apply first followed by touring after shortlisting potential prospects. 7 days listed, 50 application till now, 7+ applicant are prospects, 4 weeks I have before tour, as of today there are 7 homes available in the market for roughly same moving date (first week of July).Given this above statistics, there are few applicants they are personally emailing me. 

So its as I say statistically impossible not to deal with some sort of default.  

I have checked the statistics, it looks promising. 

Just looking at data from wikipedia, Birmingham has had consistent negative population growth and although it ranks 49th in the list of major metropolitan statistical areas, it has one of the lowest growths of the top 50 MSAs.

The statistic is accurate but misleading @Amit M.

You can include some of the metropolitan statistical data in your market analysis.

If we include it in the statistic, everyone says oooh we have 20% crash in real estate market. 

The IRS is the source of the first statistic and Thomas Stanley (author of The Millionaire Next Door) came up with the second statistic after 20 years of research.

Start by identifying the metropolitan statistical areas that have strong economic and demographic trends such as job growth, population growth and income growth.

At some point in the distant future the statistics may trend toward ownership and less rentals, but last I knew the trend was heading the opposite way.