New investor Discouraged

[Ron Burgundy]

Hi everyone,

I'm completely new to real estate investing. Only properties I have had before were personal residences. I want to start off in MFH as the small cash flow on SFH is not enough to make any kind of impact to the income I'm already earning from my full time job.

Ideally I want a 5-10 unit MFH in Houston metro that needs rehab, but realize that is next to impossible in my price range, so I'm looking all across Texas, too. I haven't found a deal that makes sense yet, and I know it will be hard to do with the limited resources at my disposal. It seems like there is a huge amount of competition. 

Right now I only have $80-$85K available to invest, with most of that being cash. I've got a realtor lined up as well as some financing. 

Not sure what to do from here. My goal is to quit my full time job in a few years, but feeling very discouraged that won't happen. 

Any guidance, wisdom, input would definitely be appreciated. Thank you.