WWYD: First investment property if you were starting today

[Jessica Starr]

Hi! I’m exploring opportunities for my first investment property. I’ve been researching strategies, and the options are endless. It’s a bit overwhelming! Knowing what you know now, what would do if you were getting into the market today?

Here’s an outline of my profile:

• $17,000 available in cash, with the ability to combine with my cousin or early withdraw from IRA— up to $84k
• $146k household income 
• $80k student loan debt
• $21k credit card limit
• Connection with a group of retired folks who do HML

I am reading and researching via podcasts, books, the BP forum, and elsewhere. I’m considering getting my real estate license. I’m in Illinois, but I’m not intimidated by buying long distance.

Thank you!