Should I wait for the right deal or jump in

[Billy Mehlinger]

So I have been looking for my first real property for about 6 months now. My first was a gimme that my dad is selling me to get me started. He did all the work himself and is letting me take it over after he gets a tennant. It's great and I truly appreciate what he is doing for me but I believe he is trying to shield me from all of the bad stuff as a father. It s great to have a mentor but In order to learn I think I need to be thrown in and do all of the work myself from the negotiations to the repairs to the marketing etc and have him there to guide me when I mess up.

My question is would it be better to wait until I find an amazing deal or should I just find something average that will make a little money or even just break even in order to jump start the learning curve. I always hear/read that getting started is the hardest part and that beginners get analysis paralysis and never make a move. I am in the Atlanta area market where prices are going up and it is hard to find deals like you could a few years ago (at least in the beginner's budget price range). I am looking for either buy and hold or a flip to generate some capital for a future buy and hold. Any feedback would be greatly appreciated.