6K in the bank... where would YOU start?

[Paul Aguilar]

Hey there BP fam... I really want to get started in buy and hold RE for cash flow. I don't have much saved up (6k) and I have good credit (700+) with minimal/manageable debt. I've been searching all over California (I live here, just north of LA) and there are some pockets where the properties aren't massively expensive. I've also been looking out of state (nashville, detroit, tampa) to get into something that will cash flow nicely and not cost much to get in. 

What areas would be great for a rookie like myself to start? Note that I'll be doing all my due diligence on the area beforehand. What advice would you give me if you were in my shoes? 

Many are telling me to wait and save up some more money for reserves. But I want to take leap. 

I appreciate your time all of your time!

[Paul Aguilar]

@Jim Pellerin thank you. I'll look into that. 

@Clifford Paul I hate to say I agree with you and others. I am leaning towards saving up more.