If you were a newbie and had $20k, how would you use it?!

[Jeremy Jackson]

I'm a newbie. I have $20k set aside.  My original plan was to use it to pay off debt.  Then I decided to get serious about real estate investing, found bigger pockets and learned a little about leveraging money.

So for you experienced folks, how would you use this money?!

(We are currently searching for another single family home to move into and rent our current place. I will be using a 2nd tier va loan with $0 down. I don't want to use any of the $20k for this deal.  I have $27k in equity in our current home.  If we manage it as a rental it will cash flow about $250 a month.)