Good Credit, no money in Orange County, CA

[George Maka]

First post, but long time reader on the forums. I am in Orange County, CA and I am just starting out in real estate investing. I am interested in a strategy of buy, hold and rent to create a cash flow stream, but I am unsure of where to start. I have good credit (above 700), but I am limited on funds. I have a job, and make about 60k a year.

Is it possible to buy and rent for someone in my situation or should I go for another strategy and build my way up to this? If it is possible, any suggestions on the type of financing I should be looking into?

thank you,

George