More about me - I started a year ago in REI and I read a lot of books and papers on remote RE investing, demographics movement across US, asset protection + listened to every single podcasts + analyzed 100s of properties and then created a system or framework for investing after many iterations.

was doing well with Single family vintage, eclectic restorations, so we went after same demographic on the residential rent side.

., but once you narrow down your target demographic, that will inform where you look. 

http://www.governing.com/gov-data/new-york-gentrification-maps-demographic-data.html

I find I can focus on area and demographics well.

I have been hearing about the bates Hendricks  have to check into that.. is there a certain demographic that has latched on to those areas.. like hipster or such

And I have these email addresses, phone numbers and some demographic data that can help me tailor my message to these clients that I would not otherwise have.  

Probably depends on the demographics of the area.

@AJ Hernandez  if any of Jamarcus's post is true about the demographics of the area I would SELL SELL SELL do a 1031  buy a MUCH BETTER QUALITY asset.. that is already performing .. the rehab your talking about is HUGE especially if you have never done it.you will end up about at the same place you will have a much better quality asset for long run and you will have cash flow now instead of over a years time.. etc etc.and for that matter if you have the ability to buy these types of deals for basically 10 cents on the dollar keep doing that put time into doing that then try to rehab and landlord... move up to a quality asset with quality tenants. what your describing in this building is low end nothing but problem tenants and you may RUE the day you decided not to just flip it walk away with a fantastic profit pat yourself on  the back etc.

I have a background in regional planning and geography, which has given me a laser-focus on developing real estate options to meet the changing demands of the market, driven by larger demographic, social, and economic trends.