Hey Dylan,I like Kitchener - Waterloo for it's diverse employers (e.g., Manulife, Sunlife, Google, Shopify, University of Waterloo, Laurier, etc.,) and Transportation (e.g., VIA Rail, GoTrain, LRT).

Other areas are more diverse, but even then tend to have a lot of similar houses.

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

Till than, I am happy with where we are going :)That being said we have a very specific investment strategy. http://www.reluctantlandlord.net/southwest-airline...The great thing about bigger pockets is there are TONS of plans diverse investment plans.

Sioux Falls is more diverse with a mix of medical, financial, manufacturing and farming.

You will find very diverse renters from all walks.Not all of South Berkeley are equal.  

The job base is not quite as diverse as Dallas and Austin, where I heavily invested from 2007 - 2011. 

Not only are they very affordable with good rent to price ratio's, they both have diverse, growing economies and populations. 

One of the benefits of investing in syndications is the ability to get geographic and asset class diversity; so, it certainly helps achieve your goal.  

If you live in a diverse city, it might help to incorporate this strategy.