Feeling stuck. Where the heck should I start out?

[Jerold Tan-Franco]

Hi guys, 

this is my first question post here on biggerpockets, I'm just looking for a little guidance on where to start. I want to get into buy and hold investing, but living in Vancouver the prices just are not plausible for me. I'm a young guy (20) and I make good enough money with my business, but still not nearly enough to get into my local market. I've been doing a lot of research and I really wanted to start by house hacking, but even with 5% down I'm looking at 35k-50k for any house with a basement, let alone a duplex... 

So that leaves me with buying out of province or even out of country into the states. However as a newbie already scared about making his first deal, starting thousands of kilometres away (or miles for my American friends 😊) doubles my concern, and out of country triples it. 

From where I stand now I only see 3 options. 

1. Save that 35k to get into a 700k house here in BC.

2. Save enough to get a 20% dp for an investment property out of province/country, and focus on finding a system that make it easier. (That's another concern. Finding a property management team will really cut down profit when I only have 1 small property) 

3. Start in a very rural area or maybe a poor neighborhood here in BC. Somewhere relatively close.

I really am not sure what to do at this point. I'm feeling somewhat discouraged, but I still have a burning desire to get into real estate investing. I know it's what I want to do, I just need some guidance on how to get in. Anything helps, thanks in advance guys!