Because you've got a diverse market in that area - working professionals, families, college students, post-grads, etc. - you won't have to worry about demand, especially if you're planning to make the property nice.

Diversity is resilient in my business experience.With all of that said, I have been looking at cities that are seeing growth, particularly in industries that are positioned to last, that have a lower barrier to entry.

Real estate is a lot like an eco-system; you've got your prime-rib eating humans on the top and your maggots on the bottom, but they all have a purpose and they all have opportunity. 

It's hardly rare as two on a lot (single parcel) is fairly common in certain areas, especially LA county.LA county is big AND diverse, since you don't even hint at the community or zip code or if this is a big house with a granny flat, pretty hard to guide you. 

It shows that investors truely are a diverse group!

It would be nice to get more diversity, as not everyone is a rehabber, or investors for SFR; and unfortunately that's what most of the discussions are for.

This will be proven by our membership which I believe will be diverse from new investors will little net worth, to very expierenced and wealthy members.Of course everything I said above can be countered with why investors are good for society, how they make the engine of capitalism function, etc - my avatar is Atlas Shrugging and walking away - I get it.

Diversity never seems like a bad thing by going with a  few different banks, then again the bank relationship could be stronger if you allow them more of your business.

This means, aside from an extensive Business acumen spanning 27 years of owning and operating businesses in diverse fields (Nightclubs, Restaurants, Contracting & Repairs, Antiques Stores...), We are "People" People!

We have thousands of people moving here fleeing areas like tax happy CA because the job market and economy are diverse and strong.