You have to walk these properties, understand where the hidden costs are outside of the spreadsheets, and understand the geographic appreciation trend and migration and population as well, none of which will be in the questions you are asking. 

I understand Vermont has slightly more stringent regulations to contend with but it would also be closer for us geographically and thus potentially easier to manage. 

What if you had 5-8 paid off rental properties in great shape in great locations? 

Does anyone have a refferal for a sewer scope company? I'd prefer a small business. I have 8 buildings with possibly 9 lines that I would like to get a package deal on sewer scopes of all the lines.

Do any of these locations make sense to you?

But the diversification may be through a number locations of the same type property, as expertise in one area trumps diversifying into areas where you lack a competitive advantage.  

With no mention of price, location, rent etc.....

If you are a DST investor with Crew Enterprises a.k.a Versity Investments a.k.a NB Capital with suspended monthly distributions please PM me. I am aware of the properties at Wolf Run in Reno NV, Inspire on 22nd in Aus...

Pick 2-4 locations, get no more than about 6 deep in any but no less than 2 deep.

I don't see an exact location in the OP, but if this is even remotely considered rural, you are adding another LTV reduction.