Quoted:
Resources are limited, so if I'm going to start building points to get an Elk tag, I need to just concentrate on one state.
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You can hunt elk in a lot of places with zero points right now. OTC tags, limited leftover tags, lots of options to get an elk tag without any points.
If you are planning to build points for a hunt, more info is really needed.
Time horizon? How long are you willing to wait?
Different states have vastly different points systems, so you might want to consider that before you put all time and money into points in one state.
Point creep isn't going to go away either, so that needs to be considered in your planning as well.
Do you want to have a chance at a tag every year, but no guarantee of every drawing one (bonus point system), or are you willing to wait for a guaranteed tag once you have enough points (preference point system) and forgo a first choice in that state for X number of years while you wait?