You’d be wise to look at migration rates, diversity/resiliency of the economy.

San Fran might be a one trick pony with tech and suffer those bubbles in addition to housing bubbles, so places like LA with more diversity tend to weather short term corrections much better, and bounce back much quicker.

By population growth, landlord friendliness, city size (I LOVE big cities), economic diversity, my budget and a few other factors.So Indianapolis is one of my winners which I am looking into more seriously. 

Thanks BP for attracting such diverse and interesting guests!

It just isn't diverse enough for my tastes, I'd rather overpay for a more stable market.

The area is very diverse, regarding pricing and good cash flow for multi plexes. 

The diversity of investors and investment situations.  

The trend toward flat roofs is just silly in most areas (bc it causes water diversion problems, which then cause a myriad of other problems).

The MF investment has done much better that my Wall St (but I'm still there for diversity).Apologies for rambling...Regards,Charles LeMaire 

I prefer to invest in areas with a more diverse economy.