My other modifications from The Oracle of Omaha's advice is diversification via "O" and "GLD".

It is a good lesson in diversification when investing in syndications.  

ex employees have told me alot about her and her family and friends and how she did thinghs at radd diversifed.

The idea was to create diversification across many wells and reduce the risk of significant losses if a single deep well failed to produce oil.For this fund, G2 reportedly raised approximately $22 million from around 270 investors.

My goal with STRs is SORR protection by diversification and personal access to vacation locations in as close to a hands off situation as possible.

Diversification is always a healthy goal but given replacing your W2 income is the priority, I would start with STR's in a high cash flow market that also offers long term appreciation.

Distributions and diversification is usually better in UpREIT structure. 

It's just a diversification. 

It can work, but it’s capital-intensive and less liquid if assumptions change.Buy another property if:• You want diversification and simpler underwriting• You’re optimizing for scale, repeatability, and optionality• You’d rather deploy capital into a clean acquisition than a bespoke conversion• You plan to continue BRRRR or house-hacking as a systemThat’s a “build the portfolio” play.

At the same time, some investors we work with are looking to compare risk-adjusted returns, scalability, and diversification across multiple markets they’re already hearing about—Phoenix, Chicagoland, and North Texas being common ones.These posts are meant to spark informed discussion, surface real-world experience from people like you, and ultimately help investors ask better questions before they ever invest out of state.