no i dont think that new construction leads the market in Indy its pretty diverse.. the major risk to me or my opinion is not the market per se its buying low end hard to manage tenants that is where i see the risk in the mid west rust belt deep south cash flow markets.top 1/3 of the renter pool is as solid as anywhere.. 

Lastly, Chicago has the most diverse economy so job stability and commercial growth is plentiful.

Both have growing populations, jobs and diverse economies.

When cash flow is zero, none of the formula's work.But to get back to the original question, diversity is a good thing.As a side note, I took over my parent's properties because dad is in the advanced stages of Alzheimer's.

That's just my opinion, but we've also seen an influx of big tech companies, a hot-bed for start-ups, and a rapidly growing educated and culturally diverse population.

I have a diverse background (Mortgages, insurance, home renovation) prior to joining Keller Williams and think I can be a resource for you.Please message me your email, number, whatever your preference so we can chat.There is a mortgage company in our office that has an investor rehab product that requires 15% down of purchase price but lends up to 50% of loan amount for rehab as long as property appraises out with prospective renovations (always does).  

Here is further reading with a diversity of possibilities: https://www.biggerpockets.com/forums/48/topics/779...

@Fred Ewert I can't speak for everyone, but a lot of people prefer larger markets with a larger renter pool, diverse jobs/economies and growing populations.

Both have solid job and population growth with diverse economies and employment bases.

You can use some diversity to help out.