@Vincent SerpicoI personally would do a 1031 exchange and invest in into various class properties to give you some diversification.

The endeavor is all about diversification for the IRA.An IRA may use debt-financing such as a mortgage to acquire property. 

It kind of begs the question - why would you want to stick with only local investments when ETFs bring you the diversification of investing across the entire US (or other countries if you prefer)? 

Even with diversification being "the only free lunch" (Thanks Cramer) I have lost money.

I like the diversification there and the potential upside. 

MSA growth, schools and economic diversification? 

The 2nd best benefit (1st benefit is passivity) of syndication investing is diversification and the ability to pivot asset class, market, sponsor, and position in the capital stack.

@Ron Ripley Hey Ron, one thing to consider if you haven’t already is a syndication fund that does some of the diversification for you.

Because we are at the top now it can only go down from here and so I’m offering you stability and diversification

So - grain of salt on the "tech diversification" statement earlier.