On Indy SFH#2 and 3 (both Class C) I haven't owned them long, #2 owned for almost 10 months, just closed on #3 time will tell - hopefully they will be good investments since Indy has a diverse economy and companies are moving there.I'm not saying the Midwest or the South are bad areas to invest - it's more landlord friendly than the San Francisco Bay Area and NYC Definitely do lots of research and get a full inspection and sewer line scope. 

However, we have excellent job growth in diverse industries, affordable housing compared to incomes and the COL of other areas, an educated workforce, and a business friendly environment. 

My long term outlook is to build a diverse real estate investment foundation that can allow me to move into a part time role or even a position where I can focus on maintaining the investments as a source of income.My Desire here:- I wish to network and gain insight into the various avenues of investing in real estate, I wish to leave the single family home arena in the near future and dive into either multi family or commercial properties.- Learn as much as I can about taking the next step (Trading up), and how to best utilize the equity and cash I have on hand to get there.

Some examples:If interest rates stay super low, dump the cash into the 5% property & refi at both a lower rate and lower balance, freeing up more cash flow.If the principle value of the investments tank but the dividends are safe (this is why I suggested utilities) you can still be seeing modest wealth growth.If an awesome deal comes along you can liquidate, if you've selected a diverse group of recession resistant stocks even a principle loss is unlikely to be crippling, allowing the liquidity you need to capitalize on an opportunity.I'm no stock pro, but I've been a subscriber to the motley fool income investor for several years now, I'd be happy to recommend some examples they are backing - or just subscribe yourself :)Oh and I just realized that my advice runs counter to common advice, which is the further from retirement the more you should think about ira investing.

Account Closed I’m pretty sure that I could study the laws more to be that nerd, but I have Invested time to read them enough and know where the resources are to answer most of my questions before hanging myself with irresponsible actions either in screenings or direct communication with tenants or prospects.All to often I read threads on here that I’m sure were well intended but perhaps a misplaced word or two and the whole thing then becomes entangled in a diversion of the topic leading into many different avenues.I don’t want this to seem negative as this diversion does create good communication and allows the community to share different perspectives that eventually enhance our businesses.

This was my first post with BP and it's great knowing we have a diverse group of solid individuals who are willing to contribute.

Those who diversity are not confident with there main investment strategy.

I understand it will take a diverse portfolio to get me to this goal, and that this journey will not be easy at all.For now...

You also need diversity in the local economy (which may have been considered by MM).

I realize this community is a diverse group of people, each with their own experiences and opinions.