Hi Joe- Ohio can be fruitful in many places.  

@V.G JasonReal estate is never passive.Syndications are getting crushed right now because All your eggs are in one basket and yes they were great last five years but let’s see what happens next five.As someone a lot smarter than me said, have you ever invested in a stock and lost everything and the answer was yes - have you ever invested in a mutual fund and lost it all - and the answer is no.Related to real estate / that is why I invest I.

The hard part is getting the odds right, which is an entirely different basket of worms, but for the most part, this type of thinking can help quantify the risk of the project by making the investor think about what could go wrong and attempt to quantify them in numbers. 

I am in both to diversify across fund managers, so I don't have all of my eggs in one basket (although I am in many other classes of investments too).

If they dont have a permit process yet, they will...In my opinion, make sure you have a secondary exit strategy. when you are dealing with a frontier industry, there is always the chance it can get shut down at the drop of a hat. if all your eggs are in that basket, you could be in trouble.

Then you get the best of both worlds - you hold onto your fruit tree while simultaneously using its fruit to grow more trees.  

And although it may or may not be fruitful, I suppose you could also bring a lawsuit against the contractor as a backup option if insurance doesn’t payout.

That's where the fruit is.- Will Rodgers

I get that by limiting to one market we’re sort of putting our eggs in one basket, and probably extending the timeline since good deals will be harder to find.

Trying to figure out whether the MLS or checking out auctions in my area is going to be most fruitful, and if I'm understanding you I  believe the best return on my time (if I were to only do one) would be cutting out the middle man and going straight to the MLS given the current state of things.