I predIct Apartments will be the way to go and there won’t be any vacancy problems as these people groups nestle in and the population increases each year  I think its highly regional.. in areas were there is little hope or history of price appreciation for SFR's I agree why own them.in CA were this OP  and Windsor specific  Sonoma county wine country...

@Brian Burke  AS we all know RE has its ups and downs and what I look at with what I call the POST 08 sponsors or investors is they were operating in what has to be about the easiest and best time in the last ( well forever).. so when you look at track records of those that started in 2009 or 2010 .. that's great but its been all blue sky and wine and roses.. 

It slowly and quietly has become the premier hub of the Washington State Wine country. 

through out my business life so that when things are not great I have some free and clear assets and not leveraged to the hilt.. its not always wine and roses.. and for sure close to retirement. 

One of my business partners had the citation shares and he bought 25 hours a year for 125k.. and used it mainly to entertain he was/is in the wine business.. ( owns wineries)  and or to fly his kids and dogs from Napa to La Quinta..  

About everything--wine, OOS, and learning.

I did spill red wine on my office desk..

Lubbock is also highly diversified being the hub for the area from Amarillo to Midland, Hobbs to Sweetwater for agriculture production and research (cotton, peanuts, sorghum, wheat, watermelons, and wine grape vineyards -70-80% of TX wine grape production comes from this area-), medical care and research (two top-tier facilities in Covenant and the university hospital), manufacturing, transport (major airport), and of course Texas Tech is a huge economic driver employing many thousands and bringing tons of students in with their parents money (30k+ enrollment I believe, it's enormous).

\it has not been all wine and roses I assure you.. but when you hit a good one its pretty cool.. but Atlanta Man that was a missed opportunity.. but investors had such a  If it does not cash flow its not worth anything mentality then..

I've been in Real Estate for about 15 years first as an appraiser and the last 10 years sourcing deals for large institutional investors and wine-companies building vineyard portfolios.