This is part of living in society.

Completely new to this space any advice or recommendation is appreciated. lots of ways to answer this but from experience there is existing, cash flowing inventory of single family, multifamily, commercial. there is new construction of single family, small multi family, and large development ground up multifamily. we play in the second area. all urban core higher density infill lots best locations.

and I'm hopeful we can in 2022 (after 1.5 yr. lease is up).To the millennial demand I agree on that point too, I think a lot of people are worried about there being some sort of housing crash but right now I see 1) millennials are buying their first homes driving up demand and this will continue for years, 2) people are moving out of urban areas (I see this as temporary for the majority of people but there will definitely be a large portion that never move back), 3) interest rates are at historic lows, and 4) inflation is around the corner (maybe not this year, but 2022-2023 I could see it as the government needs to inflate away its debt).

Is this a real thing or just an urban legend?

MichaelIf you follow the punch list below, you'll probably have success in the space.Don't buy in the roughest neighborhood in the urban core.

There is so much growth on both sides of the stateline and both the suburbs and the urban core.

Small college town, urban setting.  

I would stay with color schemes that are loud and visual.I feel it might work near a university, metro station, or close to an urban environment.

We're a car society here.  

We are becoming a society of un checked permissives unfortunately.