Why do you want that vs having some diversity in your people to drive accountability? 

ThanksLee Job growth, major employers, and industry diversity would be the next factors I'd look at.

@Jeshua Patrick I guess I like the true PASSIVE part about dividends and DIVERSITY as my passion as always been in RE.

My tenants are very diverse and ages between 23-48. 

But I'm also wondering if it makes sense regardless of whether I find BRRRR opportunities in this area to diversity a bit - perhaps acquire a duplex or two while waiting for a good BRRRR property.

@Aaron Moore a well maintained, stylish, fair priced property will have little vacancy in areas with diverse economic bases.In a downturn, comparable to 2008-10, people were loosing jobs, going into foreclosure and vacancy rates dropped because more people became rentals. 

Soooo, the more I learn, the more I believe that a good solid MF complex, in a good strong city where the economy is diverse and strong, will be able to weather most storms, as long as you are not over leveraged. 

Indy and Kansas City are both affordable markets, they cash flow well and have growing populations and jobs with diverse, modern economies.

A growth economy + a diverse economy is a compelling combination.

There is a diverse group of investors who attend.