They both have their strengths and weaknesses and in my opinion both of them belong in a balanced portfolio.2) Direct real estate: If you are cash poor and time rich, a heavy concentration on direct real estate can make sense.

There have been virtuous men and women in penthouses, but there have also been virtuous men and women in concentration camps and cardboard boxes.

However, there's a saying we often used in the advisory business - it takes concentration to create wealth, and diversification to preserve it (which again goes back to goals - if you just want a decent retirement, investing in the S&P 500 at an early age is fine.

It’s just always been that way here, a big concentric circle of people moving out from Los Angeles.  

Don't worry about pay back concentrate on your profits.

A low output generatorator will not get a large room to sufficiently high enough ozone concentration to kill mold and smoke odors at the source.

Stay out of their problems and concentrate on business.

Keep it simple and just concentrate on the average house or small apartment complex when looking for something to invest in.  

Concentrate on preparing for law school, this will probably be your last year to enjoy other activities for several years, because after school, you'll have the Bar, then you'll be hitting the desk working, hopefully you'll be busy. 

There are lots of deals in very concentrated areas.