Hi Folks - thanks in advance for your input on this - looking for feedback/opinions on the best use of 100k in capital to purchase buy/hold rental properties as a long-term wealth strategy (optimizing cash flow + opportunity for appreciation)All things being equal and assuming financing/credit is available and in good standing - I am curious to hear your thoughts on three strategies I am currently considering :1) BRRRR method - pay cash for (1) property all-in for 100k - perform necessary repairs, rent it out, cash-out refinance asap and repeat process over and again2) Pick up (5) properties valued at 100k each - putting 20% down on each, mortgage the balance and use cash flow/depreciation to pay down mortgages over time3) Purchase a multifamily complex valued at 500k, putting 100k (20%) down, finance the balance and pay down over time w/ cash flow/depreciationThank you all for your insight, I look forward to hearing the feedback  - Zac (Clearwater, FL)

My son likes to put LED bulbs in them so the tenants don't have to change them out (and end up screwing up the balance on them or losing screws).New switchplates and outlet covers.  

I hired this company to replace the roof, and I gave them $5000 upfront, and we agreed to pay the remaining balance upon completion.

La Quinta has a bit better balance and occupancy the rest of the year, and there's some reasonably priced in the Cove.

You can transfer the deed to your LLC after the fact, but that "could" trigger a due on sale clause, initiating the lender to accelerate the loan (e.g. pay the balance). 

You are rollover entire balance into self-directed IRA. 

I'm just trying to balance everything (including cost) and I don't want to overdo it.  

I am balancing the tasks of paying down students loans and saving for my first purchase.

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Every three months we reconcile: if there is a surplus in the utilities budget account, we provide the tenants with the choice of leaving the balance in the account in anticipation of larger bills (i.e. winter) or applying it towards the next month's rent.