I'm a Christian but also a marketing guy; ours is a diverse society and our marketing should be sensitive to people of many different beliefs & traditions.We don't say Merry Christmas in our general marketing, but we also don't avoid the spirit and look of Christmas.

I think they are a smart part of a diverse portfolio, and definitely give you some exposure to real estate in completely different classes from you specialty. 

I am 22 years old and currently own 4 units in a small town with a strong, diverse, and consistent economy.

Good luck with your house hunting as you found out Jersey City has diverse opportunities as well as wide price swings. 

Of course, within notes there are easier and more difficult approaches such as buying up performing notes from an investment provider (turn-key) to shopping for discounted, non-performing notes.In a perfect world, one would create a portfolio that has a nice balance of different properties and notes of various types in different markets to achieve diversity - as well as perhaps some traditional equities/funds, maybe some precious metals as a hedge, etc.A budget of $100K could most likely be placed into one or two key investments.  

I happen to live in a very diverse area where there is really nice towns with expensive homes and then the next town over is the opposite where it's populated and lower end housing.

But it's also diverse, you have the gaumet of large/small and high-end/modest, so comps are tricky.ARV: My realtor thought $540k would sell it but as I now look through recently sold comps on Zillow I worry that's a little rich.

Zack be very careful.Just because some people are BP members does not mean they are 100% in the up and up.When posters come on here saying they have money and don't know what to do with it you will sometimes get contacted by people trying to solicit.People tout diversity but you can be diversified into 3 things you know little about and still lose all your money.So diversified or not is just one component.

good job on your flip, and good luck with your profits, IMO it's best to be diverse..

I don't think the BP admins realize how large and diverse Wayne, Oakland and Macomb Counties are.