Utah is also becoming more diverse in its economy.  

I'm sure many, if not ALL of you, are diverse in the ways your invest, but I thought it'd be fun to know which is your favorite and why and possibly give myself and others different niches we may never have thought of!

You'll have better appreciation spread out through multiple buildings, little more more security with a bigger number of tenants, better depreciation (infact i think you have to gain some leverage to actually take advantage of that) and if you're in different markets it helps so you have some diversity with how your properites appreciate.

Rentals are one way, and yes you would need a few to replace the average wage.The more you network, the more diverse opportunities you will find.

One thing to consider is to diversity your investments to other markets especially given NOLA's history of floods.

The idea of hedge is more of a portfolio idea around diversity.

In addition, with a diverse list, I believe I'll also be using different post cards for these different people and so if I already know that they have an inclination towards a particular problem and that they may want to solve it, I'll have a much better chance at those opportunities to help them as a wholesaler.Looking at my own letter, using the words "I pay FULL price" will give people the impression that I will take their property at retail value, regardless of condition.

I'm not against having a few of these "appreciation plays" in your portfolio, but I would definitely have some diversity and have a few true cash flowing properties that meet the 50% & 2% goals.

I know I've read about this somewhere but can't find it :/I am comping from a lease purchase point of view here to find a true arv.When finding props with comps all over the place or few comps that are diverse from one another do you use the price per sf for calculations?

I just like to diversity and not put all my eggs in one basket.