Also, Milwaukee is economically very diverse, from well below poverty line to very wealthy (nearly all of the top end is either in BIG $$$ condos downtown in high rises and 3rd Ward or mansions along lake north of DT on the trendy for decades "east side")If you're yet another person wooed in by the seemingly amazingly low buy in prices and decent sounding rents, which seems to happen every 8 minutes or so on here now, I'd advise to proceed with caution, old stock that's beat to hell and city has been burned by too many slumlords, so even if they think its a 5% chance some out of state buyer could be slumlord in waiting, they'll drop a hammer on you and hard and as I've said 100x, they can write code violations exterior on 98% of the homes, but pick and choose when to do so.

Try to locate as close as you can to the big city, make sure it is diverse, and has growing population.  

It's diverse economically, culturally, and from the ocean to the mountains what is there not to like???

There's a real diversity of markets there.

I think I would have to apply your advice about buying an A property to Memphis due to diversity in neighborhoods. 

Oak Park is a great area, very vibrant, diverse and accessible to Chicago via both the Metra and CTA trains.

Two 4plex pros is the diverse location, risk is lower (if one location is better than another) (feels like 2 baskets for 8 eggs), and I can buy one after another based on the result of the first one, cons is that there will be 2 roofs to replace in the future, 2x repair, 2 locations to run, 2 loans.

- 2021 multi family projections and market over all I believe the market will remain strong into 2021 especially in markets with strong macro economics - population growth, diverse employment, etc.

Investing in more diverse portfolio vs one asset3.

It's such a diverse field - resale homes, new homes, land, minerals, flip, hold, long term rental, short term rental, commercial, etc.