Lots of Cash and Overwhelmed Newby

[Kristen Descant]

Hello everyone, I've found myself in a very fortunate position. My primary home has increased in value drastically in the last year and half that I've owned it. I am in the early stages of a cash out refi and I'm expecting to have between 100K - 130K cash. I bought two sfr in 2021, so I have a little experience, but at this point I am a little overwhelmed. This is an opportunity I really don't want to mess up because I know whatever I choose now will greatly influence what comes after. Any advice is very appreciated. I keep finding myself looking at lower class properties, but quickly begin to consider all of the cons. I would love to BRRRR, but I can't even decide on a market.