So I have a Team. What should we invest in?

[James McConoughey]

I have a team of 4-5 people that could put together a sum of about $50,000 to invest without loans. (leveraged we could possibly do 150,000). I am young and have never done any sort of real estate investing deal before. Some in my group are more experienced, but I have brought together the team of people, so i want to gain knowledge of my own to stear us in the right direction.

There are many ways we could spend that money. We all live in the Chicago area, within a 5 mile radius of downtown Chicago. Our property could be outside of the city or in a suburb. I do not want to do a fix and flip as i believe it's too risky. I want something that is a little more stable and lower reward. Something to build a good base on.

Any advice is appreciated