You might consider Niche or Specialized Housing like student housing.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

But from day 1 its hard to get immediate cash flow without a very large percent down.Having said all that, the Bay area is somewhat unique.

I hope this will allow me to lower my rents to adjust to any economic condition and have a niche market (not a lot of 4-5 bedroom houses in my investing area).

I think that is a niche I can fill.

@Michael Guydish In addition to the points that @Dan Barli made, you should concetrate on educating yourself in the niche you're interested in.

I’m try to find a financial connoisseur that has ideas on how to turn 6,000 dollars in 10,000$ or 10,000 into 14,000 with different niches they have experienced.

Unless of course felons are your niche because the value of your property or the area that you are renting in.

Every property is unique, every neighborhood is unique, and every target market is unique.

In my opinion, no person can accurately make a blanket statement of what is the best risk-adjusted return for everyone else, because the answer depends on that person's unique financial situation.