Six Eggs and One basket

[Katlin H.]

Hello guys! Like many others, I am new to real estate investing and after circling the pool for over a year, I finally jumped in. I’m in contract for 2 OOS properties and looking at 3 others at this time within 3miles. One big concern I have is seemingly putting all my eggs in one basket (one area). All of the numbers line up nicely, and it seems like a no-brainer to purchase all 5 properties up for sale. The area is nice, clean, and near a lake. It is also a few miles from a military base. I would like to think it would be perfect to own them all with time. But I don’t want to be with narrow vision on this particular area since there are plenty of rentals for sale in other cities and states. I think I feel most comfortable with these purchases since I have a team on the ground with me. My question is: Am I foolish to try to buy all the properties instead of expanding to other areas or foolish to leave a working plan for the unknown? Please share and advise on your experiences. Thanks in advance, Katlin