So we have a net deficit on housing stock that coincided with the millennials changing their mind on renting forever.

Mobile is ranked 7th in the U.S. for least stressful city, and 25th as the best city in the U.S. for Millennials to live.Employment Information -- The top providing employers of Mobile are The University of South Alabama, Infirmary Health Systems, and Austal, who combined provide over 14,000 jobs.- The Mobile Aeroplex brings in another big economic industry which is Aviation.

http://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2016/08/18/where-millennials-are-more-likely-to-live-with-mom-and-dad

Some use FHA's but those are millennial buyers and FHAs are designed for that type of consumer.

Keep in mind the Millennial effect... a widespread trend away from SFR and towards apartment living (and bigger city apartments more specifically). 

Public speaking or communication is more my strong suit.With Rocket Mortgage catering to millennials I'm concerned getting and keeping a MLO license may cost more and yield less.I have a school lined up for either career path.

I hate the stereotype that millennials are lazy freeloaders, I work my butt off!

Demand for multifamily housing is forecast to remain high, as Millennial household formation continues and Boomers seek to downsize and re-enter the rental market.

After LOTS of research and talking to agents, there is definitely a market for and slow push towards a more rental-oriented mindset for millennials and empty-nesters.

Born between 1982 and 1995, Millennials (also known as Generation Y) are around the ages of 16-35 years old.