And for a long time that's all you needed to do concentrate on listings spend no money marketing and let the buyers agents bring you the contracts.

The housing shortage is more concentrated on the coasts and in blue states.Regardless, the stats indicate your premise seems to be incorrect but is it really due to political affiliation or another reason?  

While RAD also concentrates on areas of Texas, Idaho, California, and Florida for its growing portfolio of rental properties, according to the January offering circular, Philadelphia has been its primary locus of activity.

Are you still concentrating on Columbus? 

However, reliable tenants are not the norm.To find a tenant segment with a high concentration of reliable tenants, ask multiple experienced property managers: "If you were buying a property to attract responsible, long-term tenants, what and where would you buy?"

When you know that your properties are legally separated from one another, it brings peace of mind, so you can concentrate on what you do best: finding great deals and building your real estate portfolio.I always recommend that clients use LLCs (Limited Liability Companies) to help shield themselves and their assets from liability.

These people are also concentrated in major metro areas with lots of red tape on development and limited space to build anything new. 

I concentrate on three areas that I love to flip in: text, call, postcard, and email.

Using that $100K to buy 4 rentals in a concentrated market (near you) could mean:- Greater economies of scale.- Local PM oversight.- Easier renovations/maintenance.- Faster snowball effect.If your long-term vision is lifestyle + scale, then converting one duplex into four rentals might be a smart tradeoff, especially since you're not exiting real estate, just reallocating more intentionally.2) Lenders + Sub-$100K PropertiesYou're right — many conventional lenders avoid properties under $100K.

., it's really less about diversification and more about concentration & systems in place.