Saver with an Investing Problem

[Mogi P.]

Hello, BP. Newbie from Houston, TX. I wanted to introduce myself here to gain some contacts, potential deals, and knowledge. First, I want to apologize for the generic "dollar sign dude" as my profile avatar. I will remedy that shortly.

About Me:
I am 26 years old currently working a 9-5 job. I am debt-free with 16k cash in the bank. I don't pay rent since I live with my parents :roll:. Annually, I stand to bring in a net of 26k for the purpose of investing (outside of IRA and 401k). I have been lurking on BP for about 2 months and consuming every bit of knowledge I can get hands on.

I believe I bring enough capital from my 9-5 job not to focus on cash building REI strategies; therefore, I am aiming for cash flow and wealth building strategies. I plan to finance the properties conventionally because this is what I understand right now, but have never ever taken out a mortgage. I am aware of other ways of financing, but am a little wary of them because I don't fully understand them (currently trying to understand how to purchase with private loans and cash out via refi). Am I being apprehensive for no reason?

I am slowly narrowing my buying criteria. Right now, I am targeting SFRs 3 bed/2 bath with 1000+ sq ft in non-war zone areas of Houston. Let me know if this criteria is till too broad.

I have lined up to speak with two intentional landlords in my market to gain more insight, but I am always excited to speak with other investors in the Houston area.

I have also talked to a few real estate agents, but none were a good match for my investing strategies. I am curious...What is the incentive for these buyer's agents to work with investors seeking to buy properties at such low prices? Seems like the low commission would be a big turn off. Should I just skip them altogether?

Two questions, before I go...
1. Given my current situation, am I on the right path or would you employ a different strategy?
2. Who should I talk to/get acquainted/meet in my area (PM me if you like)?

Thanks for your time!