Buying Portfolios vs Single Properties on Roofstock.com

[Jenny Peng]

Hi guys! I'm an investor looking to diversify into real estate. I'm located in California, and I'm looking to buy into remote properties since it seems that the return is much better than locally. However, I do not want to go through the process of managing the property myself and having to fly back and forth. I found a site called Roofstock that claims to do all the work for you and it seems that there are pretty good reviews and experiences. I see also that they sell entire portfolios. Has anyone had any experience buying portfolios from roofstock?

Are there any pros cons to buying a portfolio over just buying multiple of your own single property? Is it bad to start out by buying multiple homes in one general location (as in a portfolio) as opposed to a more expensive single property?

Specifically in the case of roofstock.com, I'm leaning towards the portfolios since they seem to be a better deal than the individual properties.

Sorry if these questions are obvious or have been asked before!