Hi everyone and thanks for the good help so far.
As I’m now looking for a new acquisition, I’d like to ask your thoughts on what a person should be looking for in general re:demographics and what are red flags to you. I can understand looking in areas that are experiencing rapid growth, but do any of you look in those smaller towns? Obviously, smaller towns have lower prices but I now see that price is not the main driver because there are so many other considerations. With 50 big states to choose from how do you experts start narrowing the field so that you don’t spend endless time looking at something that has little chance of being a good deal? I currently have certain areas that I’m looking at but now am considering a shift to higher growth only areas. Do you think that’s a good idea or do you find that good deals are where you find them?