Tips on how to make it

[Michael Cavitolo]

Hello everyone, I should be finally getting over these nervous jitters and buy my first investment property. I'm not trying to get rich quick or anything. I'm not too focused on fix and flips, but im very interested in buy and holds. 

The MAIN goal is to make at least 100k a year. Is that doable? Any tips or suggestions you guys might have for me?

I live in the Austin, Texas area, been trying to do as much research as possible about the market here. I have about 45k in the bank at the moment, but should have at least 120k saved by January. Do you guys prefer me wait till January or just dive in with the 45k now? 

Your replies will be MUCH appreciated. THANKS!