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.

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.

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

Note the average (not plotted) and median sale price on an annual basis varied quite extensively, demonstrating the economic diversity of our beloved Philadelphia region.

If my analysis looked at a larger and more numerically diverse dataset (such as Delaware, Chester, Montgomery, Philly and Bucks counties combined) Volume and # of Units may not correlate as closely due to outliers.

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

Very diverse and very successful, and your wife is on board!.

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

Having said that, look for markets that have strong population growth, job growth, income growth with modern, diverse economies.