I've been teaching this for 10 years and still there are a lot of people from all kinds of educational levels and degrees that have a difficult time absorbing this concept.One reason why I taught it was to keep these calculations fresh in my mind and how it should be used.It really takes a while before it sinks in but it can only sink in until you do a number of comparisons of a diverse group of investment types.Investor Llew

Denver continues to have massive growth, and diverse employment, and leisure activities that we rarely see dips here. and the foothills provide a solid STR base for investors as well.2.

Additionally, because Chicago is such a large, diverse market, I feel confident that with the right team in place, I could close on a property with 3+ units in an appreciating neighborhood like Logan Square, East Garfield Park, South Shore, Pilsen, Portage Park, or somewhere similar.

VAMy development background is fairly diverse; however, I concentrated mostly in developing small subdivisions, and building SFRs.

I love reading the diversity of responses here- and no wrong answers.

I'd love to hear how to safeguard against risk of non-paying tenants with the idea that pandemics/eviction moratoriums can happen.Hi Erin, sounds like you've got a good team around you with a CPA who helps you do planning.Although it can be nice to get a minimum number of units for a little diversity of income (5-10 units), I don't agree you need to keep growing to some set number (like 20) in order to reduce risk.Instead, just have healthy cash reserves to get you through the cash flow ups and downs.

You will love the diverse community and all the resources.

Research may include: Economic sustainability, economic and employment diversity, job and population growth, local schools, cash flow vs property class, median home price, renter to owner ratios, ect.  

We’re geographically constrained here in the NW and Seattle has a thriving and diverse job market.

I’m looking forward to connecting with people, sharing ideas, learning, and hopefully building and scaling a diverse portfolio.Be well and live free.