But when I weigh the other factors- people, diversity, opportunities, WEATHER...

Look at things like population and job growth, median incomes, job diversity, rent/buy ratio etc.

The percentage may differ based on the individuals and their needs but again the diversity needs to be there.I'll always be a RE guy first because that's what I know best but if you can tax free money from a cash out refinance, place it into an F.I.A. ( Fixed Indexed Annuity ) an literally be guaranteed not to ever lose money unless you withdraw it during the surrender period.

Even though Jersey is a small state it's very diverse.

There is a diversity of industry, and we continue to see a lot of coastal clients coming in that believe Denver is a relatively cheap place with amazing quality of life. 

You came to a good place to get a diverse group of usually good opinions.I agree with the people that say $2000/month loss is just too much to gamble on growth. 

Seems like solid cash flow and I like the fact that it’s the capitol with relatively stable and diverse jobs.

But what we don't have is any ethnic diversity.. the state is 94% Caucasian so pretty Vanilla up this way

I believe investment diversity is a good thing. 

You guys were SO right about the diversity of housing stock.. and that was just a few areas!