Keep in mind, though, that a property is no better than the tenant who occupies it.When I first moved to Las Vegas, I spent a lot of time identifying a segment with a high concentration of reliable tenants.

Back to your original question, is it better to diversify or concentrate in an area.We decided to concentrate on one 40 bock neighborhood, our 8 doors are all there.  

If you want to concentrate on growing your portfolio while maintaining a career, you need to have a property manager.

Purchasing power is typically higher than CS, which I why I concentrate my investing more on Bryan than College Station. 2% rule is basically non-existant, unless you want to buy a trailer. 

While homes in these neighborhoods may come with a higher price tag, the associated risks are generally lower.If you prefer to concentrate on your day job and delegate property-related issues to experienced professionals, partnering with a property management company could be an excellent solution for you.Erick, it sounds like you're ready to find an investment.

That is, no litigation, saving 10%+ in reserves, high owner occupancy, low renter concentration, and no one entity owning more than 10% of the total units. 

Got denied by two mortgage brokers because investor concentration in that association is over 50% so Fannie & Freddy won't allow an investor loan.Going with other lenders is also hard because they want loan amounts at a minimum above 100k.Anyone have any suggestions???

I have been concentrating on multifamily properties but I am open to any opportunities right now with the right return (in Miami-Dade) . 

Already jobs are concentrated intown but along Peachtree and 400.

There are other advantages to individual lots - tenant pays their own water, for example; less concentration of the poor in one area.