No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?

[Jed Butikofer]

Hi Everyone!

I recently started with a new company that is paying for my housing, vehicle, and fuel. This has freed up my income substantially from where I was working previously. Looking for thoughts and suggestions on how to utilize these new funds for real estate investing. Please consider the following:

- Monthly savings: ~$4-5k

- Full time job: Traveling and always relocating

- No real estate currently owned

My wife and I have long term goals to live on a remote ranch and would like to use real estate investing as a means to get there. I don't necessary want to quit my job but having the option to do so is desired. We are both very hard workers and have a lot of ideas such as saving to buy investments in cash (takes a while), using private lending and keep the savings as an investment rainy day fund, and others, but it always helps to get a second opinion. 

Any recommendations on ways to best utilize this new income would be greatly appreciated. 

Thanks!