Mableton specifically has a convenient location (closer to the Midtown, Downtown, and the Battery than lots of other suburbs), it is also very ethnically diverse with no one ethnic group as the dominant group.

Government assistance, sec 8, higher education financial assistance and associated student housing will offer new opportunities.I grew up in a city which was very diverse in Boston but now I am seeing a call in the suburbs for more affordable housing for "new" residents... yes it was a campaign.

of units across diverse locations, and the 50% rule holds more time than not (where "50%" means 45-55%).The only exception I've seen is in locations where taxes are disproportionate to rental income...Without knowing the two specific locations you're referring to, I can't comment on your specific example...but my gut tells me that some of your assumptions about "identical" houses, tenants and finishes is off.  

There is a diverse inventory and strategy for 2-4 units that can be very successful for the first time buyer. 

@Aaron K. yeah I understand that area is mostly surburban and is not does not have too diverse of an economy.

Diversity is usually the best in the STR industry so if one area is lacking you can always tap into the stronger property. 

Calculate the population change for different age ranges using the population age data for the most current year and the five previous yearsThe increase or decrease of the proportion of people in specific age ranges will dictate the property types that will be in the most demand.Job DiversityCensus.gov under the “Selected Economic Characteristics” tableDetermine whether a specific industry is responsible for a large percentage of jobs or not.Best Case:A market with outstanding job diversity will have no single industry that employs more than 25% of the employed population20% is e even betterDecent Case:If one single industry does employ more than 25% of the employed population, it’s one you trust the future of.This is determined by:Looking at the top employers or businesses and your research (talking to locals, reading local articles)Top Employers and BusinessesFind this information by Googling “CITY NAME + TOP EMPLOYERS)Determine the top 10 employers in the marketIf a certain industry is dominant in a market, analyzing the top employers and businesses allows you to determine whether the majority of those jobs are provided by one or two companies, or whether the risk is spread across multiple companies.This will allow you to track any developments within that company (are they creating a new facility, or cutting jobs?)

Diverse Solutions a real estate IDX provider that Mr.

We have had many friends take that route.This site is wonderful with lots of great diverse information.

Welcome to BP Kathryn,Germantown is very diverse as you mentioned.