Experienced successful Investors

[Paula Smith]

If you had $150,000 and wanted to find a deal with maximum cash flow, where would you invest and why? How would you analyze the deal? What factors would be most important to you (cap rate, property condition, etc)? I'm a 32 year old Realtor in Southern CA and looking to buy my first investment. I've been looking at out of state commercial multifamily. I've considered local STR, but am scared of being unsuccessful and having a flop AirBNB. Commercial multifamily with tenants in place seems like the "safer" route. Anyone with experience willing to provide some input?

[Nicholas L.]

@Paula Smith

unfortunately cash flow is difficult right now in every market.  and all investments come with risk - none are 'safe.'

i'd encourage you to pick a market you can physically be present in, whether that's in a lower cost CA market, or somewhere in NV.  if you truly want to start out of state and further away, can you go there once a month, every month, for 6 or 9 or 12 months?  I just don't know how you build a network and learn a market otherwise.  i invest locally and also in a state where i have family and used to live.