What to do with $100k and $16k monthly salary (combined)

[Matthew Sampallo]

Hello All, my wife and I are hoping to make the most out of $100k that we’ve been able to save over the last few years. I’ve considered buying a car wash or laundromat, lending the money to friends that can use it for capital investment and pay me back in interest, and lastly and probably most realistic, buying an investment home in the local area (SoCal). We make a decent amount per month to have another $40k in 12 months without saving aggressively. Trying to avoid “paralysis by analysis” but it’s so hard to commit to something and potentially lose all of the hard earned money. We both come from very modest backgrounds so want to be very sure we make the best investment. Ultimately, I’d like to make an investment that requires little work and will most likely give us a small return either monthly or upon completion. Was hoping to get some ideas from those with more experience. Obviously nothing is guaranteed and we all have different goals but maybe some of you can still chime in with some helpful info. Thanks!