Manchester has a high population with a very diverse group.

Kitchener is very diverse employment market and has a lot of growth coming with a new google building being built downtown near wellington and King street. kitchener is better than Waterloo since Waterloo has a rental bylaw that causes extra expenses and grief for landlords in Waterloo.

But he's got a very diverse portfolio including a medium sized company, commercial real estate and stocks for over 50 years the guys been buying a little at a time and its paid off substantially.

There are many good jobs there and a diverse economy. 

Investor Network Community has a monthly meet up in Louisville with a diverse membership and good attendance.

The area im investing in has a very large mix of cultures.

We have sporting and cultural events that attract people year-round, while our high season (January through March/April) attracts our highest rental rates.

For rentals, you just need to find out if it's in a decent area, what the cashflow will be, and what the economy around it is like - is it diverse or is it dominated by only one industry?

The processing team can have a very different work ethic and culture than the person selling you the loan.

You've also done the research already and know the numbers first-hand.Bad: Less diversity in your portfolio.