But yes, I hear you about diversification. 

Mind you, even if you'd consider investing in Mexico riskier than in the US, you might decrease your portfolio risk by investing in Mexico because of the diversification you add.

I like individual deals, because you can cherry-pick which ones are best suited for your needs/goals and I like having new deal flow throughout the year, but I like the fund structure for diversification and protecting downside risk. 

I now look at the whole world as my playground but I'm focusing on the best markets, which are in Latin America and Southern Europe: Mexico, Costa Rica, Panama, Dominican Republic, Colombia, Brazil, Uruguay, Portugal, Spain, Italy, ...That approach is best for diversification.

Hi Brian, I've invested in 14 multifamily syndications in the past several years with many Sponsors/GPs and have found it rewarding to have geographical diversification and passive income streams.

Unfortunately the transportation industries will likely be hit the hardest by this.I believe in asset diversification.

But, if you have portions of your investable assets in a variety of deals, perhaps in different states or cities, maybe different property types, and maybe different sponsors, the strategy might be suitable for you because you have multiple points of diversification.  

I realize a bigger pockets about real estate and not the stock market but I like the diversification and wouldn’t consider cashing in or altering my portfolio.

It ended up being a good plan, I bought after the 2008 crash so my deal worked out well.Now I would not recommend all folks do it fact would say very few should do it.You need diversification in the stock market, with the rest buying real state in the right market.

Like all things investing (and perhaps in life) diversification is prudent and safeguards from pitfalls, so in my personal investing when the portfolio gets a little too heavy in old properties with high CapEx liabilities I look to sprinkle in some new properties with low CapEx liabilities.