How best to invest my first 1031 exchange

[John Rankin]

Hello, I just sold my first investment property that was a LTR in SC. I am rolling over the profits of approx $130k into a 1031 exchange and would like some input as to best way to start investing and scaling my portfolio. My current plan is to buy 2 STR properties and then after year one save and take earnings to invest in additional BRRRR properties to grow my cash to buy mulitifamily units and additional LTR and/or STR properties. I am interested to hear if this is a good plan to start with STR's. I plan to use a 10% down second home loan for the properties. I also would like to know if it would be best to buy 1 property at a higher value with a larger cash flow or the 2 mid range properties with mid-range cash flow to start. I am looking in the Smokey Mountains, Blue Ridge Mountains in GA and properties in FL. Any other market inputs are welcome. My goal is to have 10-12 doors in the next 3-4 years. Any input would be appreciated.