That means the majority of Americans do not have ability to save money and are probably heavily in debt.  

I invest heavily in SFHs.

Easier at the beginning since you're not too heavily invested in one format. 

I am heavily involved in Katy as well. 

@Laura Thorne, if you have a close friend that has purchased multiple 20+ unit buildings in your market, I would heavily lean on their advice and contacts. 

If things were the other way around and the town counsel had heavily developed in anticipation but growth slowed, we would have those complaining that we wasted money overdeveloping.

My suggestion is to invest in a TRUE vacation market, i.e. a beach or mountain tourist town where the economy is heavily dependent upon tourists staying in short term rentals. 

Although I haven't tested this yet, I'm assured that the courts lean heavily on "intent" in terms of what is upheld.  

We also heavily leverage allow our tenants to pay as much of the mortgage off through their rents letting us buy as many rental properties as possible.Definitly check out the blogs, podcast and forums.

Not really a DIY task, but not sure where to post so I stuck it here. moderators please move it to appropriate forum if there is one more appropriate.We have a property that is on a heavily wooded 2 acre lot with a seasonal creek, seasonal as in when it rains, the creek has water.