I often bought homes that needed some work, put 3.5% down, fixed them up, then refinanced them since I had more equity so I could them get a better interest rate or even take some cash out to put down on the next house.Anyways, welcome to the site and good luck getting your feet wet.

Dear Big Pocket community;I own a small rental property in Pflugerville TX and last week the A/C unit started leaking due to poor workmanship as a result the carpet in the adjacent room was found to be soaking wet and in need of replacement.

Understand that there are a ton of details too numerous to explain in a post.

The market has been pretty slow, however I have had numerous requests to rent. 

I think I need to just find somebody that is willing to let me work with them (not necessarily make any of the money) on 1 or 2 properties so that I can get my feet wet.

My opinion would be to look for something a bit newer with less repair work, just to get your feet wet.

My education background is in finance and I took a RE Finance course in school, so I follow 95% of what I've read about real estate, but my deal experience is zero so I'm fully aware that I won't know what I don't know until I get my feet wet with a couple of deals.First question: What would you consider today as the best investment options with $100k in cash?

It will definitely be wet again in less than 24 hours.

Can be true,  but there's are a lot of stipulating factor that will determine pricing, excluding your price of dirt and the wet and dry utilities cost to the structure.

I'm enthusiastic about getting my feet wet into the real estate industry.