And while I did obtain some valuable information as to strategy and technique from 2 “gurus” and maybe 5 books, the other 200 gurus I listened to and the other 300 real estate books I read provided nothing more than either one or a combination of information that was outdated, inapplicable beyond a certain geography or a particular economic timeframe, incorrect, incomplete, untested, unverifiable, untruthful, or impossible to successfully implement by anyone but the most experienced investor.BP is full of posters telling you that they’ve watched YouTube videos, read books, and paid $20k or more for a”mentorship”and now they’re successful investors.  

"Upstate" is a huge term that spans quite the geography of NY from the Albany to Syracuse to Binghamton areas.

In Chattanooga, as I’m sure you’re aware, the Red Bank area is very different from Avondale, even though they’re only a few miles apart.There’s also an underrated advantage to investing in your own backyard: you’re more familiar with the geography and you know the submarkets off the top of your head.

Factors which the commissioner may consider with regard to an application for a commissioner's adjustment include, by way of example and not limitation: (i) the relevant geography, (ii) the relevant population density, (iii) the degree to which the sought adjustment varies from the prevailing limitations, (iv) the size of the relevant building and the number of units contemplated for the proposed use, (v) the legal nature and history of the applicant, (vi) the measures the applicant proposes to implement to maintain quiet and security in conjunction with the use, (vii) any extraordinary economic hardship to the applicant, due to special circumstances, that would result from a denial, (viii) any police reports or other records of illegal activity or municipal code violations at the location, and (ix) whether the affected neighbors support or object to the proposed use.

We are hoping to get respondents from all geographies!

I pulled up a small snapshot of their geography on Apartments and I see a ton of 1brs going from $900-$1500.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

To tie this back to your original post, this is why you see this problem semi-consistently with variation across time and geography.

Here are a few below.Tax Deferral: Deferring the taxable income from the sale of their real estate property.Consistent Income: Operating Partnerships can issue dividends or distributions so that the investor has cash flow.Portfolio Diversification: Enables the investor to achieve diversification across geography, industry, tenant and asset class in an Operating Partnership structure.

You can usually find local attorneys either through the Idaho State Bar website or martindale.com helps find local attorneys based on practice area and geography.