Don't forget about your long-term goals when making investment decisions, taking into account things like diversification, cash flow goals, tax considerations, and potential growth of your portfolio.

I am an investor with a portfolio in San Antonio TX but looking to move into the Ohio market for some portfolio diversification.

the suggestions provided are for diversification for HNWIs - a syndication is not a savings account.

Pros: diversification, stronger local economies in other metros/states, better price points and variety of products. 

LolCR is a little sleepier than I'm used to, but I like that it's pretty much stable, folks are nice, and it has diversification in industry.

In my humble opinion, it takes longer to secure the tenant when you’re screening properly in these neighborhoods but definitely worth it, if only for the diversification (section 8/ KCDC).I’m putting on a BiggerPockets meetup Nov 30th at 6:30pm at Barleys in the old City.

In addition to the potential tax savings you also have the ability to provide diversification into your portfolio to mitigate risk such as vacancy, 2 months of vacancy on 1 property paid in cash will have a far greater negative impact then 2 months of vacancy on 1 of your 4 properties. 

I.e. investors that self-direct seem to prefer direct investments into a single property versus diversification into a strategy (it's also harder to underwrite a manager / strategy than it is a single investment) - that's my personal experience. 

MF is even better in that diversification regards..

Although diversification is the way to mitigate this, I think multifamily is a far better asset class that provides better diversification, scale, etc.