HR is diverse in its Real Estate options, but like everywhere rihgt not, pretty hot due to the 'easing' and therefore low interst rates.

Be on the lookout for how the local economy if fueled: large employers, fast growing companies, and in general, how diverse the local economy is.

This is especially true if you are in older areas with diverse housing stock.

Anyway, trying to build a location diverse portfolio is a pretty solid goal.

We have 300 days of sunshine, a diverse and booming job market, great access to nature/outdoor activities, great schools and a great quality of here that has been attracting people for decades and I expect the in-migration trend to continue.

Meaning a diverse area of people.

Bottomline, I think a short pull back is possible in 2021 but I think SA is buoyed by a strong diverse economy, positive population migration, large military population, etc that means a pull back will be less severe than in many areas of the country and will likely be relative short in duration--shouldn't really hurt a long term investor.Best of Luck,Mel

I would also pay attention to the population growth and job diversity of different markets. 

@Kyle J.I agree- we want to have the most diverse yet stable platform of tenants possible and section 8 -we’ve determined must be included in that however, there’s no need to take the risk that you mentioned.

:D Buy in B-C neighborhoods with growing population and consistent diverse employment growth.