New to real state investing

[Rolando Leos]

I am new to real state investing. Have been trying to educate myself by reading books , listening to podcast/youtube.
I have equity on my home residence that can be pulled out for a down payment (HELOC, Home Equity Loan). My strategy is to buy and hold.
Since real state investing is new to me  , I don't really want to deal with repairs.  I have been looking at move in ready or minor repair properties. 
So far the numbers don't add up -  20% down payment and rents don't cover expenses.

What I am thinking of doing is to purchase a new home (new built) move in with a lower down payment.
And rent out my current residence.

Any suggestions would be helpful.   
Thank You!