Rentals, flips, BRRR, first timer

[Tim Hooper]

Trying to figure out what to do in this current situation of mine. I have been reading, listening, watching, and even dreaming about what is my first move. Still unsure where I should start. Just seeing if you might have some ideas (If you were me). I'm interested in any property move- rentals, flips, BRRRs, etc.. just not sure what is a good move for me as the first one seems like the biggest one. I used to own homes but when I moved to the new area, I opted to rent since I wasn't sure if I wanted to stay around.. now regretting I didn't just buy.

• Small family
• A decent career - ~$200K yr, great credit (800s)
• Not much saved (thanks to a surgery that drained a ton of my savings) will recover over time - ~$40K ready for down payment into a property- which is needed since I'm renting a home, need to get something anyway
• About $40K in debt - a little on a card, mostly a truck payment - low interest
• Dallas, TX area- thinking the north area- which is a hotter market, higher cost than I am used to, high property taxes

Guessing my budget would be about $350K max to start for a property.

Curious what would you do to get started in my scenario?