What's the best way to invest $50k?

[Aaron Westerburg]

I am curious to hear what people might think is the best way to invest $50k in cash. I have some money available to invest, and my goal is to grow it and become a full time RE investor. In the past I have fixed n flipped, but now I'm looking to create long term cash flow. I'm thinking about buying 2-3 rentals in the Cleveland area, where I'm located. I believe I can generate about $1500-$2000/mo in rental income. I'd like to reinvest this income into buying more rentals, and eventually sell to then buy bigger multi family units. What do you think?

[Brant Richardson]

If you can get $1000/month or more (1500-2000 would be incredible) using $50k then you have great numbers to work with. The question is how decent is the area? Will you have high turn over, evictions and people trashing the property which makes those very nice looking throretical yields a struggle and turns your passive investment into a not at all passive income.