Sponsor is relatively "hands-on" with a concentrated pool of investments. - Concentrated investment thesis and focus: I am paying a sponsor high fees relative to a REIT for concentrated expertise in a narrow niche.

I only hope they will have a concentrated effort to right the ship, be forthcoming about the blindspots, recovering for you and all the other investors in Fund 4.

Right now the demand from tenants is concentrated at the higher end of the market, but I agree eventually it'll be fairly ubiquitous.

This is one of the reasons so much Bitcoin mining is concentrated in China.  

One last word of advice - watch your concentration risk.

But they will allocate their proceeds so that equity is concentrated in one of the replacement properties. 

This can be a great way to concentrate your equity in order to be able to make a later cash out refinance as powerful as possible. 

The best way to have a reliable tenant in your property is to:Buy a property that attracts a tenant segment with a high concentration of reliable people.Work with a property manager who can consistently select reliable tenants.

You are on site or very hands on, manage a small number of concentrated bets, are investing alongside me, and your day job is 100% focused on ensuring a great return for me.That's the lesson.

Most of that is concentrated around the metro areas - Indianapolis, Ft Wayne, upper northwest corner.