If it’s a stable population with good roads, restaurants, schools, hospitals, etc…it’s very likely there is low turnover due to high tenant retention rate.

Check into their BBB rating and real reviews.

Their needs vary over time and the market interest rate varies.

These are not actual numbers but just for illustration purposes - though look quite realistic for the market I am considering based on Zillow, FurnishedFinder and other sources.Vacancy rates for MTR are low due to an acute shortage of nurses. 

Ask yourself who makes the most profit and has the highest ratings on airbnb?

I've been investing in real estate for over 30 years, brought and sold a dozen or more properties, and in the last 10 years been semiretired as a real estate professional.Much of what my wife and I have learned has been through the school of hard knocks.

In most of the Portland Metro I would say a 5% vacancy rate is safe for running numbers, in Forest Grove I would bump that up to 9 or 10%.

High occupancy does not equal the highest and best use of that unit depending on your nightly rate. 

Nice view, walking distance to bus, schools, shopping.

As Opposed to cap rates and are the tenants paying 900.00 a month going to trash my cash flow rental :) We are of course on the same page regarding agents I have had hundreds come through my brokerages and 80 /20 has been alive since day one.. 20% make 80% of the revenue..