That area has a lot of diverse properties and $175,000 seems a bit steep depending on size and areas. 

If you focus on the effort you put forth and the attitude you employ things will most likely work out in your favor, and if they dont then there is truly nothing you could have done so why get upset about it.Use your job as an example:Your boss is a jackass, you did not get the promotion, you dont make enough money and your cubicle smells... all of this can lead to depression and allow the negative thoughts to snowball. 

A great way to help others and grow your business is start local investor meet ups in your area.BTW - Bigger pockets does a great job of allowing you to advertise and promote your event under Real Estate Events and Happenings.

Both my wife and I recently got promoted which allowed us to save good amount of money per paycheck.Do you think this is a good strategy to use HELOC now or wait and save enough money for down payment for the multi-family?

ASUC does a great job of promoting the rent board each and every election year even though UC rent board policies have injured UC students more than any other segment of the population. 

Keeping this generic because BP mods keep flagging me for promoting…BLUF:Need guest speakers for a new REI Meet Up in Pensacola, Florida.Looking for:Wholesaler, flipper, hard-money lender, syndicator, etc. 

I like the diversity of both just like having paid for properties and leveraging those that have a mortgage.

• Is the economy diverse?

Full diversity like that can be seen in a REIT or fund.

There are pro s and cons to both.With the 6 plex the pro is that you have more diversity in your leases, if one is unoccupied you are down 17% of your income, with the 4plex its now 25%.The con is that you have more leases, more turnovers, more kitchens/appliances, etc.