Depending on how you are using the cashflow from the properties, you may want to be less concentrated by spreading your investments over more properties and geographies giving you a broader exposure and limiting the chances of rent interruptions placing strain on cashflow giving spillover effects to however that cashflow is being utilized.Considering the external factors which we'll never be able to control - macro economic trends, regulatory, taxation, etc vs the internal factors - budgeting for r&m, capex, ensuring quality tenants, etc - my personal philosophy is to be more diversified through lower value assets which have less marginal impact when one gets rent interrupted rather than concentrate on assets with higher valuations but give potentially more external factor risk.

And why you think it makes sense to expand into so many countries vs. build a concentration in one other country let's say. 

Concentrate on your bad debt first.

Now we are hoping that they concentrate mostly on the oil company that originally tore down the buildings and buried a lot of pipes covered with asbestos instead of putting them in a landfill. 

Hemet has a high concentration of manufactured homes.

Of course those areas did not have the concentrated commercial/retail growth around them. 

If I were you, I'd concentrate on your personal well-being instead of trying to offload a problem (that may not be offloadable) to someone else.This is pretty bad...  

So, if you choose one broker and it doesn't work out you can always go to another broker.I'm sure you could find many agents who don't take any fees unless you sell something.But, I'd concentrate more on finding a broker that will give you the training and support you need as a new agent.

Greetings to all,My name is Kevin and I am an MBA candidate at The University of Texas, San Antonio, concentrating in real estate investing and development.

Concentrate on building your business with that goal in mind, HMLs, investor splits, highly leveraged partnerships are the most costly way to begin, a few deals might be necessary, but get away from that as soon as possible.