This provides a steady income stream with minimal risk.Appreciation Potential-The property has appreciated significantly since purchase, and you could continue to benefit from further appreciation in the future.Minimal Hassle-You're already familiar with the property, and since it's paid off, you don't have mortgage payments or associated risks.Cons:Limited Portfolio Growth-Keeping the property means your investment portfolio remains concentrated in one property.

I've never seen such a concentration of insurance business like I have here. 

Let me be clear, the group concentrates on B & C properties with 75+ doors.

I believe at this age, you should concentrate on The One Thing that made you successful and that will magnify your success!  

Ed. in urban education, concentration in secondary math

I own a house in Denver, Colorado and just took out a HELOC of $55k but cannot buy any rental properties here...so I am concentrating on an area I grew up in on the East Coast where my family still lives. 

@Kaylee Walterbach Never stop learning, build a strong team, learn to delegate (God knows I had to), then concentrate on the weakest parts of your business.

In the area I'm concentrating on you can get a mobile on 1 acre for $20-35K.

If you use debt you'll also need to learn how to organize your PFS for the bank and the games they'll play when developing new relationships with developers with their limited loan capacity for this type of project to reduce their concentration risk with their regulators.  

Also, these homes aren't concentrated currently in one location.