This Condition located on the Address category tab in Search Builder allows you find people based on the Resident Code for their Preferred Address. Select the Value from a dropdown menu.
The standard codes are Metro, Marginal, Non-Resident, and Unable to Locate. You can select one or more than one. This Condition is useful if, for example, you want to send a printed newsletter only to those who live in your area. You could use the Comparison One Of and select Metro and Marginal.
You will want to read more about Resident Codes if you are not familiar with how they are used in TouchPoint.