Out of State: Balancing Team Building vs. Diversification

[Ben Y.]

Hi all, hope everyone is having a great start to the week.

After reading a lot of posts on diversification, I'd be interested in hearing out of state / remote investors' thoughts on balancing the effort+time it takes to learn an area and build an effective team there with the desire for diversifying their investments across different regions or states.

I'm sure people have approaches all across the spectrum, but I think it'd be really insightful to learn about your experiences, both good and bad.