New Physician RE Investing

[Greg Jennings]

I am a new physician just moved to NC and would like to get into real estate investing. The area I am in has been growing for the past 5-10 years and I see a lot of potential. I have starting listening to podcasts/reading books to learn the process and was debating just purchasing a relatively cheap SFH property (80-120k) to just jump into it (trial by fire?). I have seen some older posts with similar situations but given the pandemic, eviction moratoriums, scarce inventory on the market, I felt some more up to date info was needed. I do have a ton of debt, but am pursuing the PSLF pathway. My COL is pretty low so I can easily afford maintaining a cheap property. My schedule would likely allow me to manage a property, but I would rather do property management company if possible (cash flow isn't my #1 priority at this time). Do you think it would be worth waiting or should I do it even though it is a weird market? If any other physicians here please share your experience on here as well!