I think there will be small micro-markets - like the West Side of Ukiah - that are better positioned to weather the storm; there is seemingly unwavering demand and a fixed supply.  

Your tenant pool to select from will be small and that will mean longer vacancies if you have demanding criteria for acceptable renters. 

You need to look at your market and see what is going to sell the quickest after rehab (i.e. what's in demand).

If they feel this new guy is coming in demanding top market rent to live in a so, so complex they will leave.This is all a science to it but generally property managers are doing this on a larger scale I see with hundreds of units.    

Of course there could be potential IF the supply of houses in the area is low, and demand high.

If you are a current investor, what are you seeing as far as market growth & demand?

. : )    I DEMAND that I be invited to any/all of your beer consuming activities.

Dallas county demands payment right after that particular property auction ends, while Grayson county allows you a couple of hours to pay after the auction so you can go collect your funds.  

Supply/Demand means that land is never going to get less valuable. 

I'm happy with the pace for which I've been able to accumulate properties at this time.There's a large demand for SFR rentals as many people just get sick and tired of neighbors surrounding them side-to-side top-to-bottom.