I do have somewhat looser goals for 3 and 5 years, but I never go beyond that because I leave myself open to adapt to the changing landscape.I went to MFR's because MFR's are too easy (once you have the right experience).  

I believe this is the future of house hunting, although the Real Estate industry is typically slower to adapting to new tech trends haha!

The market will adapt .

Landlords, have to be able to adapt to this very fluid real estate cycle and adjust to the slew of headwinds coming our way.

If you want to find the right market for your strategy, you need to go outside your area, and then really get to know the area.Yes, you are right, you could change your strategy and adapt to local conditions.

@Jay Helms For my company and our buy and holds we built a management company so the hardest part was building the systems and adapting as we grew from 50 - 500 units.  

I also make sure to run my numbers carefully and then revise as I learn and adapt.  

Both schools are pouring development dollars into the areas and there is a flurry of adaptive reuse projects in the works.

As I progress through the MLS with my agent, my opinion is bound to change, and I will adapt.

Seems to be working for now and I'm sure our relationship will adapt as the business grows, just as the business will adapt as our relationship grows.