In the Denver Metro Area, we're down to 3 weeks of supply.

Of course these are based on a few assumed input variables, but I believe this accurately paints a scary picture using DMM.The lesson here is that unless you send 10K+ mailers, you are not really getting anywhere.

With MFH you have to carry the water and sewer, which is not always bad but just another variable. 

For example, we have a bi-weekly reminder that will go out to all of our housekeepers to have them submit the supply order requests.

It's tough to exclude any asset class because of so many variables.

Seems there are Pros and Cons to both (interest rate variability, repayment terms, etc), but being so green at this, I'm feeling a little like a deer in the headlights.Thank you again and I look forward to hearing back from you!

@Michael Shenouda did you read anywhere on the supplied info that it is not to be relied on?

The prices of commodities are so variable. 

The most important variable would be your tenant in these areas, they can make or break your investment.

Right now, the biggest hurdle I have encountered is how to assess supply and demand for rentals, both long-term and short-term.