@Luke Tetreault - I'm starting to use AI a bit to identify properties in my target geographies.

If you want to go active, I would have many, many conversations with other operators to get a flavor for the good, bad, the ugly about various sizes of assets and across several geographies.

Are you set on your local geography, or are you willing to branch out?

I was considering given the geography and it being a duplex and the potiential long term equity grab doing a 1031 exchanging into the duplex.

I wanted to share my notes and see what others think about whether these issues are warning signs to watch for:Open Door Capital (Brandon Turner / Brian Murray / Ryan Murdock) – Broad focus across asset classes (mobile home parks, apartments, self-storage) and geographies (half the country).

There are definitely still supply/demand imbalances in quite a few Sunbelt markets at the moment, and the Huntsville area is no exception.Single-family and multifamily new deliveries peaked in Q2 2023, so there’s still a bunch of new inventory waiting to be absorbed—hence the negative rent growth and appreciation some folks are seeing right now.In my view, what’s interesting about places like Decatur and Meridianville is not where they are now, but where they’ll be in a decade.The Huntsville metro area is constrained by mountainous geography to the east (beginning with Monte Sano State Park and beyond), so the natural path of development and progress is west towards Wheeler Lake and north towards Meridianville and Hazel Green.If the Huntsville metro area continues to match the pace of demographic growth it’s seen since the 1990s, these suburbs could, in my humble opinion, look very different down the line. 

Cape Coral is a promising real estate market due to its rapid population growth, geography and relatively low property taxes.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

Yeahhh you know me.I’ve been investing and working with investors for 10+ years now across multiple geographies.

They are fragmented, by geography, ethnicity, skills and education.