As someone who has been in all types of real estate over two decades, I will tell you that there is a great value in diversification.

Another diversification approach may be looking at more passive opportunities such as a multifamily syndication investment as a limited partner.Keep learning.  

A passive investor accepts a lower return and diversification for freedom of time - which is a more valuable commodity than $$.If I have $2MM in real estate syndications, that earn me a 1.9 EM over say 5 years, that is $900K over 5 years - $180K/yr. paying almost no taxes on it - and working 100 hours per YEAR to get it - that's a $1800.00 per hour clip.

I have some investments in stocks already and am seeking real estate for diversification.

I just want a place to park some cash, get some diversification, and earn something."

It also means diversification across multiple asset types, geographies, operators, and investments.Thanks again and best wishes!

Easy on the paperwork volume.Easy to invest once and get multiple asset diversification.

@Christian Hutchinson I completely agree with your diversification strategy - IF you have the money to do it.

But yes, I hear you about diversification. 

To get that you'll need ~4,000,000 in equity (40k x 12mos divided by 12% return on your cash).(3)Diversification (trying too many real estate ideas at once) is your enemy!