Or put your eggs in one basket for a top notch cash producing property (that could even at a later time become a condo conversion easily)?

Other markets have more because they HAVE to put multiple units on a piece of land because land is so expensive. 

Ya see this is not simply an opinion piece, I've got the data to back it up.As for the Agents in the equation.

Being a profit, this money is taxable.However, for apartment syndications, there are five pieces of tax information that the syndicator and the passive investor need to understand in order to determine the tax advantages of investing.Depreciation BenefitsPassive investors won’t pay taxes on their monthly, quarterly, or annual distributions during the hold period.

This works really well in many markets with some creativity.The biggest piece of advice I have is to just get started.

I have learned an incredible amount and with every new piece of information I obtain, the more I can tell that I have very much to learn.

My biggest challenge is, even though this has been a while, and I've been an "investor" for years (even purchased a better deal on a second piece of commercial realestate) I'm just now starting my real-estate education.

She is top notch and has multifamily experience. 

I am currently looking at purchasing a piece of land in Colorado and placing a manufactured home on the land.

Angry relatives who want a piece of inheritance can become weird and it can cause a lot of trouble for the family.