I think that's a little bit too much of a macro view.

hahaMicro economics are always different to macro and investors that solely rely on online market stats/demographics will miss the point.Online stats and demographics will never beat "feet on the ground" and real life day to day knowledge of what happens on the ground.For example, we know when a mosquito does a fart and Mike P always messages me privately about what new strip club is opening in Toledo and when heheOnline stats never reveal such things haha 

But supposedly noisy.

I know the macro population trends, but  like most cities there are micro markets within the City of Cleveland that people are flocking to.

So I’ve seen the micro changes in Detroit that have become macro.

Hi @Tony Kim -- Keep in mind that the city is a Macro look at a market.

All of those factors will determine what is the best market for you, as the best market should be decided after you decide the best strategy.That's a macro level bit of wisdom, to address your micro question of market, I would say like @Nathan Gesner I recommend focusing on landlord friendly states. 

You need to get in front of where things are going in your view; your view may be wrong, so take that into account too.My view on REI and a little in macro-- primo lands will be more primo, investor pools will run to chase dollars which in turn makes non-investment grade areas a better return on equity, managing and owning debt may be a better return than equity, international equity exposure may be superior to domestic, liquidity and cash reserves will remain highly valuable and the notion of all cash needs to be invested will no longer be pushed as hard.

.: Quote from @David Leggett: The Cleveland market hasn't been well known for appreciation over the last 20 years and has mainly been a cashflow positive rental area, but my clients who bought with my pre-2020 have seen their properties go up 20-40% in some cases so you never know what can happen on the macro level that can affect prices and make markets more or less appealing. 

From a macro standpoint, population is slowly declining.