New and starting local

[Timothy M. O'Neill]

Hey BP community. I am SUPER new to real estate investing - still reading, researching, and mulling over if this is something I should get into. When I imagine how I'd start out, naturally, I am thinking about acquiring a local property - probably a single family home because the multi-family units are out of my price range (for now). What I continue to struggle with is how expensive homes are in my area. Every example I read about in the books I'm reading assumes investors go and buy some 100K home. That's just not the case in my area where homes in a decent area start around $450K - that's a steep downpayment that would take me forever to come buy. Buying a fixer seems unreasonable given I have a day job. I still have reading to do, but any BP wisdom on this? Am I thinking about this wrong?