Diversity of renters, length of leases in place, property condition, and location can also affect risk and value, ultimately impacting the cap rate.When someone says a property has a cap rate of 5%, or that assets in a given area are trading around a 5-cap, they are talking about the return on that property.

You can get in with a diverse skillset (blue collars have a ton of synergy with real estate) that doesn't necessitate a degree.But with that said, let's be clear. 

Both are strong cash flow markets but in addition to good cash flow, they both have strong economic and demographic fundamentals such as growing populations, job growth and modern/diverse economies and industries.

I like the diversity and travel connectedness of New Jersey/NYC, but again, extremely expensive.

., the Commercial Real Estate Development Association, launched a diversity task force when she took the reins at the organization.

With the federal stimulus and now the state Eviction diversion program it is delaying a potential slump in pricing.

Once you figured that out, you want to focus on employer diversity and supply/demand. 

Top Reasons to Invest In The San Antonio Real Estate MarketStrong & diverse economy.Unemployment rate below 4%.A well educated productive workforce.#2 recession-proof city.

Is the population growing, are big chains starting to move in if they're not already there, are jobs dependant on a specific employer or is there decent diversity (ex: we have tech and Boeing up here, but tech is starting to move to working from home and Boeing is starting to move some production out of state), whats the median income, where are the bad neighborhoods, etc.

If you're looking at out of state, there are many economic factors to consider (I.e. job growth, types of jobs, economic diversity, price to rent ratios, past appreciation, home court advantage, etc.)