We have a diverse group of tenants. 

Because the interest rates are so low, only taking out 25k for a 20% down payment on a property around the 100k mark to get an idea of what the process is like,2. after vetting a quality company, buying one outright and calling it good, or3. buying one outright, and another one leveraged, with total debt under your equity amount, to diversity your doors/addresses.

Yes I have family down there but it is a good diverse market to get into.

A great diversity of employment, government, education, medical, tech, some manufacturing...

@Noah NortonYeah Bradenton in my opinion is a very diverse market.

With SFR, you get diversity because 50 homes are in different areas of your market.

Job diversity is also important.If you are wondering what kind of population growth and employment growth is considered decent, then I can send you some of the guidelines that I have.

So yes, non-recourse loan is a must to keep the sharks from totally devouring you.More important than asset Class or Type is investing in an area with a diverse, robust economy and a reasonably mild climate. 

They have a growing population, growing jobs in diverse, modern industries, above average labor participation rate and good median household incomes.

I'm looking to build a network of like minded people with diverse backgrounds and specialties in the real estate community.