Please advise this newbie!!

[Henry James]

I'm new to RE and I don't know where to jump in. I have about $20k in the bank. I talked to a real estate agent and I told her maybe we should let the house determine the deal. I work a 60 hour work week in construction and our incomee is about $140,000. we have student loans, mortgage, 2 car notes. I want to Naomi's this first deal so I want to lean towards a flip so I'm confused. poles help with suggestions.