Cash or not may not play a role here.

Ken Min David Faulkner Nick Colamarino Those are solid thoughts; I just wonder which direction, as someone getting into the game and planning to play for life, I should steer into starting off.

As of now at least.I am a new investor so I offer no real advice but to share my own strategies I plan to take.With the amount, I have to invest I am going the route of Buy/Hold because I am playing the long haul game of having my investments replace my monthly wages. 

And on and on and on ... there are as many methods and specialties as there are RE investors ... figure out what you are good at and figure out a niche and strategy that plays to these strengths.

You can play around with the numbers for an interest only loan with this calculator:  https://financialmentor.com/calculator/interest-only-loan-calculator

Does your deal have a value add play to raise the rents in the future. 

Chris picked up a good rental for now  with a nice appreciation play in the future.

I'm not sitting on a pile of money, but I have a little cash to play with.Finding - I looked into buying a list of distressed multi's (2 doors or more) within 10 miles of my house.

Residential, probably a long haul, Retail is a better play, Industrial could be a home run.

@Derrick Gray the industry is not easy and it's not a get rich quick play.