Graduating college, want to invest ASAP

[Evan Anderson]

I'm currently a college student about to graduate in Seattle. I just got a job as a financial analyst for the investment team at a commercial real estate management company. I'm an intern now, however it should turn into a job soon and I'm guessing it will pay a salary of around 50k. I have no money now, but looking to save up and invest in real estate as soon as possible. I'm thinking about living at my parents home as it will save me around 12k for the year.

I want to start investing asap, so I have these questions: (1) Is the 12k I save next year financially worth the hit on my social life as a 22 yr old? (2) What type of investment do you recommend for first timers (single family vs multi family)? (3) Any other advice? Thanks!