Grab a quarter.Heads = Bust (like George Washington) your butt to save and pay off your existing debt.Tails = Spread (your wings like an eagle) yourself thin and take on more debt to buy more properties.But really, I think it comes down to where you think we are in the market cycle.

Your insurance might not cover a garage fire/explosion spreading to the attached house, and the heirs will be on you for his wrongful death.

I then decided to re-invest my funds into promising projects to also spread my business network all over the globe and singularly this time.

@Michael Boyer: The goal is to reduce discrimination, not spread it.Hope this helps!

In 2009/2010, my wife and I had 13 units spread across 3 different buildings.

There are areas where there are large price spreads between rehabbed and non-rehabbed properties, and this is where you will find a lot of flips taking place. 

You also have enough to buy low balance 2nd mortgages however that is only worthwhile if you have good risk tolerance, since things can easily go wrong on a single note (risk is spread by buying multiple notes).My first note was 16k, and I lost a ton of money.Second was 4.6k and made tonsThird was 2.3k and made 22k-ish profit4th was 7k and earns about 25% returnSo with 20k you can get into notes, but you have more risks.

This is not just a Toledo issue but soon it will spread to the rest of NW Ohio.

You might even want to consider sending your mail in increments to spread out the calls throughout the month. 

There is a mix of small to medium sized ranchers, cape cods, split foyers and colonials (850sqft up to 3000sqft) spread throughout with some mobiles mixed in.