Best return on the real estate investments ~ your experience ?

[Ron Singh]

Hey Real estate champions, 

what option sounds best to you, if the intention is to get best return on real estate investment,  good cashflow,  cash on cash, less vacancy,  low maintenance, least hassle, and expect property appreciation over time etc 

might not go for BRRRR currently, due to time constraints, and it's tough in bay area.

but considering, open to anywhere in US (but not a fan of snow) , and down payment is not a problem (although there is a max limit,  but let's assume it's not critical to put 100k - 500k down payment ) 

Option 1- Go big, all in, one apartment complex may be 20 -40 +units  in TX, AZ, FL or where ever its possible, hire onsite manager.

Option 2 - Invest small, buy multiple duplex/ triplex etc. near by,  try to manage self to save on prop mgmt 

Option 3 - Go for multiple single family homes near by, manage self. easy to sell/buy individually if needed 

Option 4 - Go for Land, rent space for RV parking,  mobile homes etc .

[Marcus Auerbach]

Nothing is more dangerous to himself than a new investor sitting on cash. Money can fix almost anything in real estate and if the only tool you have is a hammer, everything looks like a nail.

Learn the biz on a limited scale - if you are hands on - buy a small property (1-4 units), maybe have some work done, advertise, rent it out and then manage it. You will make a lot of mistakes, but that's okay - it will keep you from making them again later on a larger scale!

Also, I believe only real estate "nerds" have long term success - you have to have a passion for the business. If you are just looking for ROI you will not make it through the lows. So I think you have to follow your passion more than the numbers - so the question becomes, what intrigues you most?