What can I do with $200K?

[Pranav Dhingra]

Hi everybody - new to Biggerpockets. Have been investing for the last 4 years now. I currently own 3 rental properties (and one home). 
I expect to have $200K in cash by Feb 2022 btw work bonuses, refinancing etc.

I am interested in branching into multi family next. Is $200K enough to branch into this space or should I save more? Looking to buy in / around Atlanta, Charleston, NC or TN. 

Thank you!