Choose your property wisely - Multi-unit properties like triplexes and fourplexes offer potential economies of scale and income diversification.

I can get diversification, and know I will average better returns long-term with a REIT index or stock market index fund.

Hi Obed, mainly less up-front capital (furnishings etc.) and a diversification strategy as more people are moving to FL.

@Chad Herringjust going to be blunt - this is not a good ideaprivate money lending is a diversification strategy for HNWIs, not a beginner strategy with 25Kso if you have $2-3M in other investments - greatbut if you have 50K and this is half of it - do not proceedi second @Wayne Brooks

On the other hand, acquiring more properties can lead to faster portfolio growth, diversification, and potential tax benefits.

Choose your property wisely - Multi-unit properties like triplexes and fourplexes offer potential economies of scale and income diversification.

you would provide what many want which is diversification on neighborhoods you clean up all those shells and you bring in a hard working labor force which many are very skilled whats the down side ?

Factor in the age and condition of the properties, as well as potential appreciation rates in both markets.Diversification: Investing in a new geographic area can provide diversification benefits.

Remember, diversification is your best defense against unpredictability; don't put all your eggs in the STR basket.

Diversification is better anyways and some investments like your 401k can't be taken in a lawsuit.