$100k cash what can we do for max return?

[David Sills]

Hello all, 

Wife and I have $100k cash and are looking for the best ROI for buy and Hold. Should we:

1. cash buy 4-5 cheap properties and collect the rents 

2. buy 2-3 more medium priced properties

3. put 20% down on as many properties as we can 

4. buy a larger apartment complex with 20% down-is

5. other.

We currently have 3 properties-2 others free-and-clear, and all three rented.  Thanks for your ideas :)