I underestimated tenant behavior, facing issues like property damage, lease violations, and evictions.Once I realized the importance of focusing on the right tenant segment rather than properties, everything changed.

The best way to have a reliable tenant in your property is to:Buy a property that attracts a tenant segment with a high concentration of reliable people.Work with a property manager who can consistently select reliable tenants.

.** Small towns may rely too much on a single business or market segment.

Therefore, you should buy properties that attract the segment with the highest concentration of reliable people.Each property attracts only a single tenant segment because its characteristics match only one segment's housing requirements.

Even if you can in your chosen market get a STR worthy property you will be on the lowest barrier to entry segment. 

My suggestion would be to start talking to 5-10 people in each segment of real estate and ask them a similar set of questions.

The rest of 2024 and early 2025 will likely reveal more about how different segments of the market adapt to these unique conditions.

The numbers you find in the news are usually for all properties combined, which tells you very little value.In 2005, we selected a specific tenant segment that has proved to be a highly reliable source of income for our clients.

They have degrees and interests in different segments of what I think are important facets of the real estate game, one will be graduating with a degree in construction management and the other in accounting.

They seem mostly suited for off-site wall segments production and I have to wonder about the economic viability in real-world projects.