Skylar is looking to purchase real estate as an investment using all of her available funds, but she has several concerns. Which of the following concerns are valid from an investment standpoint?

She might regret the purchase because she would not want to live on the property herself.

She might be disappointed because real estate usually offers modest returns.

She might lose her investment funds because real estate is notoriously risky.

She might miss a better investment opportunity because real estate is not particularly liquid.