CASH FLOW - Where to invest if you were to start all over?

[Keith Sestak]

I haven't owned an investment property for move than 10 years, what are my options to create an investment with passive income?

I live in Utah and don't mind investing out of state for a worthy property, but my first choice would be to invest locally to get my feet wet. I qualify for a VA loan, and have been qualified for 453k and more with cash I have on hand.

Options I have looked at:

1) Build a Duplex/TriPlex/Fourplex

2) Buy existing multi unit, with or without a seller carry. 

3) Possible Mobile Home park??

4) Buy a Condo in Park City and rent daily

At this point, I'm looking at options and really best practices from experienced investors if they where to start all over again?

How do I leverage my first property to buy future properties?

Thank you for your time and patience with a new investor. 

Keith

[Jeremy Taggart]

@Keith Sestak I would definitely utilize your VA loan and ideally house hack a 3-4 unit if that is possible for you. Idk how well your current market is for cash flow but I wouldn't buy there just because it is in your backyard if the numbers don't make sense. Only certain areas make sense to build so that can be tricky, especially for a beginner. I would focus on multi units either in your backyard if the numbers make sense or find a trustworthy team in a good cash flow market somewhere else with better numbers.