Input on investment - normal home or modular homes
I am new to real estate investing and would like some advice. My family just sold our father's home after he passed and I am looking for the best way to invest $100K. I am considering a single normal smaller home (brick and mortar) or buying into a couple manufactured homes in the greater northern california area including Stockton and Merced. My main objective is to have a rental investment that has positive cash flow so that I can learn and accumulate resources to buy into larger and more lucrative opportunities. Does anyone have advice for a new guy?
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I would try to find a duplex, triplex or 4-unit property if possible. You can add value to those properties & increase rents which ultimately leads to forced appreciation & profits.