As fellow San Jose ownership, we have lot of diversity of way-of-thinking in our area.We have folks that like to say "Cancel Rent", or "Immoral to buy rental property" but we have a majority also that would like to invent business that "disturb all business and move all business to us the tech guy", we also have vibrant community that would like to work 25/8 and sometimes the only purpose is to just keep acquiring property and assets lol.

Job listings show steady and diverse demand for travel nurses in the region, and there are some other angles that might generate leads for furnished housing, including several small-medium light manufacturing employers within two miles of the property and a university in the neighboring city.Aside from the AirBnbs - most of which are larger - the other options in the city itself are 2-star extended stay motels at $100/night that are in poor condition. 

While a syndicator may provide slightly higher upside, we prefer flexibility and diversity.

There is an interesting site called Niche.com that lets you enter a zip code or neighborhood and get back "grades" on their schools, diversity, jobs, lifestyle.

Buy affordable housing in markets with high housing demand, diverse economies, and modest new construction.I would not be maximizing leverage at this point.

What is great about this market is such a diversity of industries that employ people that the area is relatively recession proof.

Yes the lottery system unfortunately means some students commute farther out to another school even though they may live across the street from one -it's weird I know but was intended to create more diverse schools. 

Investing is very different to those economic diversity you said.   

Valuation sources are diverse: Zillow, Redfin, Black Knight, First American. 

The better one's know what they are doing and are usually in the larger cities that are diverse and in a good stage of growth of the population and jobs.