Some early questions

[Mitch Monmouth]

I'm pretty new to REI, have some capital, and am looking to dig in as US REI seems to be the best investment opportunity around the globe right now. I'm leaning toward the familiarity of residential cash flow properties, but am getting sucked in by all the different alternatives - from wholesaling to commercial property.

I have a partner (and old friend) in the Detroit area who has a team of fix-it people who can refurbish properties, and given that partnership, Detroit's high yield, and depressed market, I plan to target that area first. I'm also considering Las Vegas, which seems to have better fundamentals of employment and population for appreciation.

I have a decent amount of capital to get started and am interested in leveraging where I can since rates are so low. One thought was to purchase wholesale or wholesaleable properties in cash, fix them up, rent them out, and keep refinancing, though now I see banks may limit this to 4-5 properties.

What in your opinion is the best way for someone like me to get a high return with minimal risk? Any advice is appreciated!

Thanks!