Hello World! I am new to BP & RE investing. Any pearls of wisdom?

[Isabella White]

Like the title says, I have recently discovered Bigger Pockets and am so excited to have found a community/forum of likeminded investors!

I have been “flirting” with the idea of Multifamily RE investing for 6 months now, and want to get over my analysis paralysis.

I have access to about $50k, and feel like the market isn’t very welcoming to newbies like myself. Not to mention there is a whole lot of talk of recession in my current industry. Of course no one can truly time the market, but is it potentially wise to wait a quarter to see how things unfold (and to study more on this type of investment)?

Additionally, is it in my best interest to "start smaller" with my current cut of cash, perhaps with a FHA 4 unit <$800,000, or should I pursue bigger deals and the syndication route?

TL;DR: Newbie with $50k in the Miami multifamily market looking to buy.

Thanks a bunch in advance!