What should I buy for my First Investment w/$50-75K???

[Lisa Gauff]

What would YOUR specific strategy be to maximize your money if:

1) Someone gave you $50-75K to spend on your first investment property... and you had to look outside your local big city market (Los Angeles/San Fran/NY, etc)... but can't travel much...what cities/areas would you look at and why?

2) Would you go for Fix-n-Flip to make a lump sum of cash to invest in more properties more quickly? Would you do the BRRR strategy (Buy, Rehab, Rent, Refinance) ? Another strategy?

3) Would you do SFR? Multi-Fam? Turnkey? Other?

4) What is the best way to develop a "trusted team" more quickly?? I know there are many real estate agents or property managers who may have resources - but how to evaluate which one is the best one to go with?? Thanks!!