Specific advice: If you had 100k cash saved up today and you were a Newbie in Real Estate (with good risk tolerance, no kids or wife and in a safe financial situation where I can afford my basic needs and don't need to work for the next 3 months), how would you spend it? 

Some relevant financials are below...any help from the crowd would be appreciated as if like to explore this and do a 1031 in two years.Current rent - $850 Current property value - $75kishNo current mortgage Located outside Houston and appreciating at around 4% a year If tenant moves I'd do maybe $20k in renovations to update kitchen, floorplan and exterior siding but house is functional

Ultimately, financial freedom is the goal. 

Most financial institutions provide this product and it's usually formed as a commercial loan.

I'm tired of this life and I want my financial freedom and my time for myself.

Some primary areas I'm interested in:-Thoughts on Section 8 multi-family-Investors interested in areas surrounding Mercedes-Benz dome (English Avenue, Vine City...AKA The Bluff)-Target financials-New constructions vs. fix up vs. as-is-Syndications/fundraising/private money/loans/etc.

@Jonathan Depa I'm not sure that short term properties are dealt with any different than long term tradition rental properties, but in 2009 Fannie Mae increased the number of properties that a bank or financial institution can finance to 10. 

@Jamie Lashley I use Rehab Financial out of Pennsylvania.

They use a financial advisor to over see the sale of a triplexes in Brooklyn and a multi in Honduras.

Standing on a roof sledging bricks from a chimney will do that.