Yes - we are a diverse lot, we humans, and yes, most of us need help to get out of our own way.

To ID markers with both, look for both.At market level verify industry diversity,    review masterplans, ID path of growth, economic development incentives, top 10 major employers.Neighborhood level: crime rates, renter vs owner ratio, average income, major employers, vacancy rates, units under construction, quality and type of closest retail, demographics, community tapestry ESRI, most common household formation, etc.There are also things you should be looking at in the subdivision or block the property is located on (ex. renters vs owners, developer and quality and age of housing, ideal housing for your target tenant, etc), but again the things you look for should be based on your specific goals, investment strategy, and investment criteria.

Our neighborhoods are diverse; more than 20 percent of the population is Asian.

Property management costs are typically less with ten units in the same area versus 10 SFH spread over a geographically diverse area.In the end, it's all about your goals with investing.

A is your typical nice white collar area... great schools, very safe.B is more typical higher end blue collar areas... okay schools and safe.C tends to be more service employees and racially diverse... okay to below okay schools, some crime.D tends to be more the war zones. 

What about your vacancy rate, what's the state of neighborhood, what's the unemployment rate in your area, how diverse are the employment opportunities?

Diversity. 

Account Closed HELOC's are really diverse.  

Diverse background includes carpentry, supervision, design, drafting, estimating, scheduling, project management, division management, and business development.I started out of High School in the carpentry trades performing residential kitchens, bath rooms, additions, and custom homes.

It depends what you bought the stocks for, what specific stocks you own, how those have been performing, what your portfolio diversity looks like, if this is in a retirement account, etc.