I have $100k. How should I start?
I am a new member here. I've saved around $100k and am evaluating investment options. I initially considered adding to mutual funds, but I want to diversify, and my wife and I have really enjoyed house-hunting, painting, and fixing up the homes we've had in the past. Also, I am an attorney and my wife works in marketing and social media, so there are several ways we could reduce expenses by doing some legal and advertising work ourselves.
Hypothetically, if I wanted to invest up to $100k in rental property, what are my best options? Is there a formula to determine the sweet spot(s) on the continuum between using all $100k on one property or using as little as possible to buy multiple properties?
Any other introductory advice is welcome. Thanks in advance.