I also like strategy diversification.

It's worth considering this option as part of your portfolio diversification strategy.

Once you get over a certain number the diversification benefit decreases. 

As a bonus, if interest rates do decline in the future, I can refinance to a lower rate which creates more value.While I have invested into mutual funds, done extremely well, I believe hard assets is a nice diversification at this point with a highly inflated stock market.

Have you considered investing in land for diversification.

Diversification can help mitigate risk.Management Responsibilities: Buy-and-hold investments typically come with property management responsibilities.

Putting money in stocks or crypto is a diversification plan but not an emergency reserve as those can create their own crisis.

You need to do environmental studies, and stay away from parks that have their own sewage treatment plants or septic systems.I was interested in investing in parks as a diversification from multi family.

Here is how I see Las Vegas from an investors point of view:No state income taxes.Pro business government actively seeking growth and diversification business opportunities.Average property tax: 0.55%Time/cost to evict: <30 days and $500Economic activity: Currently, $24B under construction (and more announced), which will create thousands of new well paying jobs and bring more people to Las Vegas.

So maybe not true diversification but some measures to mitigate the risk.