Originally posted by @Justin Gottuso:@Mark Seery$700,000 down payment for this 60 unit property in Columbus that grossed $430,000 income last year, $250,000 net operating income before the mortgage and $110,000 profit/$9,200 per month after paying the mortgage and all other expenses - but rents are below market rate and projected to increase from $110,000 to $190,000/$16,000 per month after increases over a few year period.I don't know how much of a time suck that would be for an outofstater and/or if a 10% fee for a Property Manager would cover me there, but yeah, those kinds of numbers are attractive, putting aside all eggs in one basket considerations. 

However, it can be at times a bit hard as the low-hanging fruit is gone and there's a lot of eyes (including institutional money) on the sector.  

We have been successful in Idaho, but I don't want to put all my eggs in one basket.

I’ve heard of giving welcome gift baskets with things like light bulbs, pot holders, etc.

While, some will say it's better to specialize, that may work for a doctor but all of your eggs in one basket can be just as risky  Many of us learned that in '08.  

Also, could be a good way to diversify your investments and not put all of your eggs into one basket to say.     

I’m very excited to finally have the skills, education and courage to start on this endeavor and I can not wait to see the fruit that will bear.

Putting all your eggs in one basket is not diversification.

I’d recommend buying something in the 2-4 unit range so you don’t get all your eggs in one basket.

While cash flow is nice I think most people won’t see the fruits of their labor until their properties are paid off by their tenants in 15, 20 or 30 years.