If it's deal-based, they also bring you into a eco-system where they control all parts of the deal: hard money financing, wholesaling fees, property management fees, sales commissions, etc.

so to me, HML is "low diversity" unless you've got 1M or more to invest, and we don't want to put much mrore than 100K.2.

Our market is very diverse and can change drastically block by block.  

@Trevor FentonThis is actually a great way to build a diverse portfolio; there are loads of military members with properties near every duty station Where they served during their careers. 

I like these areas because most usually are growing and have stronger and more diverse economies.

Florida will probably do well because E comic diversity, population growth, and immigration from inside of the U.S.

Yes, you ought to know what you can afford as financing, but w/o a specific property as a candidate, a lender will only give you a ballpark "you can afford to buy at $xxx with terms of yy down, zz years at %% rate.Your team:  especially when shopping in diverse communities, your day-to-day people will depend greatly upon WHERE you buy. 

.) + long eviction times = nightmare.The lack of job diversity would have me second guessing as well.

Maywood is a small yet growing town, very diverse (more so lately these past 5 years or so).

I understand that it's important to look at things like population growth, job growth and average income changes, diversity of local industries, unemployment rate, etc. but what I'm having trouble with is finding reliable sources of this kind of information online.