All of those Opportunity Zones in N Minneapolis would suddenly be really worth the investment if all the gangbangin scum were not in such concentrated areas.

Currently, I'm just looking to slowly build my portfolio with a buy/hold strategy and mostly concentrating on apartments/condos as my vehicle.

I just want to be free and clear so when we move to the next property we can concentrate on the cashflow business side vs the juggling of the credit card payments.

STNL 3 million and below about 75% are all cash purchases and maybe 25% financed. 4 to 6 million and up about 75% financed and 25% cash ( the investors even with all cash generally do not like putting into one single property that high of a concentration of cash).So for example depending on your 1031 proceeds for your first exchange and whether you will add more funds to that can depend on what type of property you can afford.

So my question is: assuming a similar initial downpayment, would you recommend:1- get another place in Meridian or Nampa - I am afraid of being too concentrated in a smaller market, lots of new construction, and not sure of very long term prospects2- Go for Provo despite lower cashflow, but less new construction to compete with and booming, well educated population3- Go for Surprise or El Mirage since Phoenix MSA is so hot and booming with potentially better cash flow than Provo, but lots of new construction to compete with.The properties I am buying would be considered B or B+ class.  

That's the key factor which will drive..Don't try to concentrate on unwanted things like setting up LLC, finding TEAM etc., 

Yes, I could have been a bit clearer in what I meant but most people don't major in philosophy and concentrate on the main points.In summary, while there some some markets that I like, I will not go into every single market during the uncertain times.

Lender regulations certainly come into play, but even for non-levered syndicates it is desirable to have a max in your mini-max to reduce concentration risk. 

I am concentrating on new items that are available to most if not all people rather than one off items.

Due to the NOO concentration, this required a 25% downpayment, so used a mortgage originator to find a bank which would do the deal at the best rate possible.