I agree, seeing migration patterns coupled with insurance costs and insurability might be a good macro-economic indicator.

It'll be interesting to see what happens to florida if a mass migration truly happens. 

The business is already challenging, and with goats moving the goal posts, it becomes even more difficult.Then they wonder why there is massive migration to the south and sunbelt.

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

Further, Detroit was running a large net in migration.  

I agree with @Brandon Rizzo I think the supply will normalize as the migration to Texas has not slowed down and as builders make correction to a more balanced supply and demand (along with interest rate improvement) housing market will be better.

One was to migrate over to a 3rd party management company for the portfolio.

We recently had a flip where the membrane over the garage was leaking on the north edge, water migrated back about 15' before finding an opening in the decking and dropping through to an interior hallway.

But on the other hand real estate trends change so slowly, especially migration trends.

Look into local economic indicators, such as job growth, population trends, and migration patterns, to gauge potential demand in specific neighborhoods.Rental Demand: Investigate rental demand in the areas you're considering.