I see that as a major risk by eliminating the diversification of my tenants while sacrificing the security of a longer lease.

(heavy rehab deals, personal lending, startup investments, etc)600,000 - Multifamily Syndications - With lower risk, greater diversification, if you partner with the right operator, MF Syndications can be the BEST risk-adjusted returns out there.I wouldn't spend a dime of the principal on houses, cars, fun, or even charity because I can do that with the cash flow and end up giving more in the long run :)This strategy follows the commandments of investing:1.

The comments I most resonated with are the ideas that senior housing frightens me, office is a question mark, industrial is probably pretty solid but could be overbought, REITs have a beta of .6 to 1.2 (which provides a little opportunity to "buy low" but also can be a bit scary), and their diversification is pretty significant (vs a private syndication which obviously is a $50k or greater bet on one particular sponsor in one particular part of the country). 

Another one who constantly reminds us to “move the needles” and another mastermind member who always on the move with his ideas, connections, diversification, and challenge us to innovate.

I find that diversification affords me less stress and I realize that there is no such thing as the 100% perfect model.Want an easy way to measure?

@Brian Eastman @Daniel DietzI agree that for those who have most of their net worth tied up in a IRA and they want some diversification within the IRA, an SDIRA can be a viable solution for them.  

@Roberto Collazo If you are analyzing markets, look for markets for the following to best protect your investment:Population growth, job growth, job diversification, income growth, affordable housing (yet increasing), affordable rents (yet increasing), crime stable or trending down, favorable taxes, favorable landlord tenant laws.As you can see, LA misses the marker on a few of those boxes.

I am happy to just avoid being swindled 😉Plus I am investing in real estate only for diversification (only putting 20-25% of my total investments in RE), and I see real estate investment as a capital preservation strategy rather than a capital growth strategy.

Multifamily can provide some economies of scale (depending on size) and diversification of income across multiple tenants.In my opinion, before you do any of those, take a step back and look within.

This is a classic 1031 strategy called a diversification exchange.