How to invest my life savings of $250K?
OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield money market savings account. In the midst of council there is wisdom, so how should I invest this chunk of change? I live in So Cal, I'm ambitious, I want to buy as many units with as little $ down as possible, I know of and greatly respect the 2% rule, I'm still alive; age 25, I'd like to buy and hold individual units as a landlord, I like the idea of my own LLC, I'm married with a daughter, just got a CA Real Estate Sales License, just signed with a broker who does real estate and loans, I love quality time with my family, just got out of the Navy, and I'm ready to consider all advice! What should I do? How can I maximize the # of units I can buy? Thanks for your :help: and please assume I know nothing except 3rd grade English.