How to best utilize 150k cash to transition into new career?

[Kent Slawson]

1. Hello everyone, thank you for taking the time to provide some mentorship. I'm 29 years old and and have been working long hours in an industry I do not enjoy for about 5 years. The upside to this time has been my a ability to accrue a roughly 150k nest egg. I would like to take this money and leverage it in the best way to switch into a career in real estate. Currently I am about half way through my real estate coursework to become an agent.

My question to you is: How do i best leverage this cash to produce future returns assuming I am willing to make a career out of it. My current plan is to purchase 500,000 worth of income producing multifamily units, and use the capital I gain from them to purchase additional units or do a few fix and flip foreclosure auction properties. Is this the best use of my funds? I will be focussing in western Colorado, and plan to work as an agent for supplemental income. Thanks for any and all input! Please help me find a method to maximize these returns.