New job oppurtunity, Pls help with Major Decisions.

[Jason Hilliard]

Hi everyone.
I'm new here and have some major questions to ask.

I just got a job oppurtunity that pays $3500.00/month. It is either for Houston, TX or Phoenix, AZ. I want/need to get into real estate investing.

Here is my current situation. I have $1500.00 in bills, and it seems renting a place in either city will run about $1000.00 a month. Leaves me with only $1000.00 profit each month. Maybe a little more if my fiance gets a descent paying job.

1. Based off of housing market, which would give me the cheapest and best oppurtunity to make money investing in real estate? Arizona? or Texas?

2. Can I do any type of investing having only $1000.00 left over each month?

3. I have $26,000.00 in credit card bills, will this stop me?

4. Which route would you go if you were me? Ie: Rehabbing, Buy & Hold etc.

5. And finally, which place do you think you will get the most out of when you try to sell the property.

Anything else anyone would like to add i'm all ears.

Thanks in advance.