Is it better to diversify your portfolio in one geography, tenant base, style of property (SFH, Multifamily, Apartment).

There are a few programs that can do second position financing but typically underwritten based on your personal income.

For context, I'm based in the SF Bay Area in CA and looking into buying my first OOS rental after house hacking locally for 10 years.

That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you. 

I have noticed that properties that allow pets in outdoor based communities perform great as well!

Hey @Connor O'Brien - There is a list that CHA releases each year that states the maximum rent they will pay in certain chicago areas based on bed and bath counts. 

Even with the redactions, it's not hard to figure out based on deduction how much we are making from the rental and from my income.

I am based in NOLA and have a great property manager.

Based on comparable listings recently sold I think closer to $650k there would be more interest.  

This is how much you need to increase your room rate to become profitable based on last year's information.