I want to diversify some of my stock investments. 

It's kind of down a background with a dead end, no reason to go in there unless you are living there.A house came on the market for 35k not long ago and is listed as sale pending.  

The other three someone has to be dead.

But it doesn't have to be cowboy saddles, dead animals on the wall, and indian blankets.You had some good ideas.

Cold belt states can still have good areas they just have more dead areas in between where people are moving away to the warm belt states for retirement.

January and February are dead slow.

Mostly NO - If anything commercial is highly favored because the stock market can go up and down where commercial can have fixed leases with annual rent increases.3.

Chase rent....that's funny.There's been several shot dead during confrontations over rent. 

I assume this is after you have millions invested in regular real estate, the stock market, maybe some notes and regular reits/mlps. 

city county state regulators generally don't enforce deed restrictions.its up to the community were the restrictions are placed.. if its just one parcel with the restrictions.. you as declarant would have the right to defend thembut no one else if they are not subject to the same deed restrictions.it goes both ways.you look at CCRs from the turn of the century up until about the 50s  and there are all sorts of un enforceable things.having to do with Race religion  Chickens Pigs other live stock..