Cash + Equity Loan Investment Strategies

[Paxton J.]

Hello,

I'm somewhat new to the forum but not new to investments in general.  I own two properties as residences and am looking to invest in cash-flow generating properties.  I have $50k in cash and a home equity line of $150k available.  How much of a mix of cash and loan would be a safe route?

Starting out here, so I'm looking for a modest monthly incomes of $500-800/month.