I have 45,000 What to do with that amount? Buy cash or what?

[Ramon Paredes]

Here I go, now I have $45,000 available to buy a single house in the Pennsylvania area where I live. The problem is just only 45 just I can buy a single house. And for 55k to 60K I can buy a duplex in my area, each one I can rent it for $800 to $900 each door, for $1,600 to $1,800 monthly and they pay for all utilities. Some advice of exactly what to do for made a better investment decision.They are to many people coming to the area, because many warehouses paying good rate, and now is the right time to invest for rent or flip on the future. Thank for all the support.   

[Salvatore Lentini]

@Ramon Paredes - keep in mind that cheap properties come with their share of headaches.  Your cashflow will likely be less than you think due to evictions, turnover and more repairs (tenants in that range are harder on your properties).  I'm not saying to avoid cheaper properties (I have a wide range of price points in my portfolio) just make sure you're not wearing rose colored glasses when you run your numbers.  You might (might) be better off getting a property that's a little more expensive.  It all depends on what your plans are beyond this 1st purchase.