$40000 saved to invest in rentals/right time or save more/wait

[Bradley Penrod]

I have $40000 saved and want to get into the real estate investing game. However, my intuition is telling me that I should wait till I have $100000 saved then go for it which I can probably have by late fall of 2020. My other intuition: we are at the top of the market which means I would be the sucker with $40000 grand saved up, bought my property at the top and could've saved $100000 on a similar property if I had waited, could have saved another $60000 in my bank for emergencies. AND, the numbers to do not add up on any of the properties around my area.