We older types cling to them - largely because we value the personal interaction, but millennials are consistently eschewing the old ways for the new and are the largest demographic.

Also their home are mostly in C and D class neighbor hoods with a demographic that are permanently renters.

Really think about who you want to rent to, what income level, what age and demographic would want to live in your target area?

While Colo Spgs has gone up slightly in price, it is still far below Denver but continues to have many different demographics moving in or staying (ahem, millennials and boomers.)

The demographic of college student vs min is different and they are probably looking for different things.

I definitely believe that this is the best way to proceed.After investing in real estate for the past 5 years and predominantly focusing on high cashflow deals it has led me to believe that the KEY to successfully investing in another state or country is not about the STATS or DEMOGRAPHICS of that particular area but rather the TEAM established on the ground.

But I think that all plays on how well you know a city and it’s demographic. 

You have to be careful and do your homework when looking for buy and hold investment properties in Gwinnett as the demographics profile and income levels can change very quickly.

Location Location and Location and demographics, saturation, doors available in the area for rent, absorption, economic impact, job resources, and so on.

It is such a large metro area with so much inventory and just the perfect demographics and economy for renters.