It is an impoverished community (one of the worst in the city) with a high concentration of subsidized housing.

Wealth is more and more concentrated, to a point now greater than much of the history of the US.

My initial plan was to obtain the license but now I am putting that on hold to concentrate primarily on investing.

Trying to accelerate my wealth-building and need a lot of money to get into apartment deals, but worried I am passing up employer matching and concentrating all my assets into one sector.Maybe I just need to throttle back and slow down a little to make sure I'm not over-exposing myself to risk and have something to fall back on in case something goes wrong in the RE.

However, concentrating on commercial such as medical offices, as well as other commercial that amazon won't touch there will always be demand.

I would strongly advise you spend your primary efforts toward getting approval and then concentrate on generating financial support.

Doesn't matter what sector of RE one is in, everything is correlated.a friend and I have a saying, "trust the vendor, trust the numbers"we cannot decide on an individual basis whether or not an investment makes sense, but we can as much as possible vet the people behind the investment, and if they have a good track record and seem to be on the ball about their projections (conservative forecasting, and concentrating on return of capital first and foremost) , we can trust the numbers they present to a degree but syndication investing is still not truly passive, but it is the closest we come to it in REI

When you buy with cash you are less diversified and have all your own money at risk in a concentrated investment.

Basic portfolio management: If you concentrate your portfolio too much into one area (especially, non-liquid assets) you will get burned.

I'm going to stick to RE.)As far as I can tell, though, the vast, vast majority of single family homes (95-98% is what I've read) are still owned by ( 1 ) owner occupants, and ( 2 ) mom and pop landlords, despite all the institutional buying... especially since the institutional buying is concentrated in certain states and markets.