However there could always be individual circumstances that might make a shorter (or longer) holding period appropriate.It sounds like you bought it with the intent to hold for productive use. 

The millennial generation wants convenience and are willing to pay for it.

Especially interested in multi-family properties that can generate reliable cash flow.

Actually an 8% cash on cash return would mean you need $900,000 of CASH invested producing the 8% CoC return to generate $72,000 a year. 

They will be more aligned with your goals as they make their money from the income generated by the property... not the sale.Here are some tools that should help you pre-screen opportunities.Redfin.com - Redfin's home value estimate tends to be more accurate than Zillow's.

Like a lot of you have said I think over time my generation will move away from apartments and more towards houses.

@Ali Boone Thanks.....I am looking for SFR's  in the $80 to $110K range to buy and hold and generate cash flow.   

That generally is enough to generate a ball park idea of value based on the NOI (net operating income) and whatever cap rate that type of property in that sub market is trading.

Looking to do individual leases per bedroom and include basic furniture and home itens.

The properties are held individually with me and a partner.