The demographics support investing in this state.

If you have a mix, then consider what is the demographic/type of tenant you want to attract.

That is why I'm a huge proponent of investing locally, where you're familiar with the neighborhoods, the values, the living experience, the politics, the economics, the demographics, the crime statistics, (stop me anytime :mrgreen:).

It may be time to target a different demographic.

This is obviously anecdotal & casual observations.Lots of objective / subjective data on population projections, aging demographics,.. future info by firms being presented based on the the last 8 - 10 years.  

It boils down to demographics.

The truth tends to be in the real world experience of others who have actually performed it in practice.150,000 in a 20 mile radius is a huge ring.When we look at properties typically demographics go in an 1,3,5 mile ring radius.

There are neighborhoods that will only work with the slumlord model, there are some great B class cashflow neighborhoods, and many neighborhoods where flippers are making a killing due to demographic shifts and plentiful inventory of distressed property.I'd worry less about crime reports, Great Schools ratings, etc and instead focus on the market.  

not to throw a wrench into your plans, but depending on who your class A tenants are, they may be more affected by the downturn then other demographics.

How long after using 1 were you in a position to purchase 2 etc..Examples would be a huge plus along with your physical demographic (state).Thanks in advance!