This is the perfect opportunity for a wholesaler to come in and provide value because a deal in this area will be worth your time.The key is market diversification.

It's anti-diversification but at least it's (presumably) a devil you know...at least more so than KC and St.

While private REITs can offer you good diversification across many properties, I would use caution with private REIT's as they are known to have higher fees than direct deals and private funds.

You'd be better off with several smaller houses in the same vicinity, that's called diversification. 

The units that I have leveraged could have 6 months of vacancy and still pay for themselves, and I have a mix of free & clear & leveraged (diversification!).

I am not naive enough to think that everything will go ever so smoothly, but I feel good about the team I have, the diversification of properties in my portfolio, that I look forward to seeing what challenges are ahead.Thank you BiggerPockets!!!

One concern I would have as a private money lender is diversification.

That, coupled with my interest in investment diversification, has led me close to the purchase of a different building.

It seems that real estate is a fantastic place to invest for some diversification. 

Thus you can get regional diversification.