I'm in the stock market, I have cryptocurrency, I need to lear about real estate for some diversity.3. 🤪 A fun fact about yourselfI used to be a member of a professional pogo stick team!

It's pretty diverse and the southern parts have a good amount of Japanese Americans.

I've read multiple blogs / websites / youtube videos on how to determine which state is primed for investing and the general consensus is to look for:Population GrowthJob GrowthJob Diversity (More than one major employer)Average Rent PriceAverage Home PriceCrime RateCost of livingMy question is, where do you guys pull these data points from?

I am not sure if it's a fragility issue or a participation trophy issue, but to become a great investor, you have to be open to diverse feedback, even if it's sometimes sarcastic when you think you found the deal of the century still on the market after 816 days in Scottsdale where every investor whets their beak every day.Anyone else seeing this?

I guess that I'm impressed they not only built out a model that could get with in 7% of FMV for that many homes, had an effective UX that made ppl want to use it, got a system up and running to take possession and make ready for sale that number of homes across such a geographically diverse area during a global pandemic which changed the way ppl work and lead to crazy home prices.

@Hayden Wright higher cap rate is not always better, capture initial equity through value-add, reserves should be substantial and you will likely use them, if you buy off of a long-time owner be sure to budget for insurance and property taxes to be a lot more than they’ve been paying, buy in an area where rents and property values are going up (good market fundamentals like lots of jobs in diverse fields, affordability (wages can pay the rent), population growth, good schools, low crime etc.).

We also want to make sure the jobs aren't too heavily weighted to one industry, so we look at the economic diversity as well. 

The low cost of doing business, diverse business base, availability of professional and skilled workforce, intermodal transportation hub and quality lifestyle continue to attract people and business.

It's a healthy and diverse economy with projected growth, but its also a city surrounded by open build-able land, which means it doesn't have the same kind of condensed urban core, where scarcity of land drives rapid appreciation like in other major cities. 

IF you do max out your own credit by buying SFH’s you can always move on to a syndicate at that point- Tax benefits and CoC - you get all of the same tax benefits between a SFH and a multifamily although the economies of scale may make a cost segregation study more economically viable with a larger asset- TLDR - safer leverage with direct RE, non-callable, possibly non-recourse, along with tax benefits - it’s pretty much the same with multifamily although given the diverse cash flows from multiple units I could argue that the leverage on a multi is safer.