Is this a good way to start out?

[George Batton]

In a separate account I have about 65k. This money was saved up over the years and from deployments to Iraq. I'm new to real estate investing but have considered the option. I don't want to try to finance a home that costs any more than the amount in my account. I'd prefer to find something well below the amount actually and live in it for awhile with my friend to cut costs of payments each month. Let's just say that I don't believe it's smart to borrow money that you don't have a back-up for. I believe this is a good ideato start out with small-risk projects since I know very little about investing. My question is, can I find something for below that price that isn't junk and that I can make a small if not moderate profit from? I realize that alot of people here will think this is weird but I think it would be smart for me to slowly and steadily build wealth rather than going for getting rich super quick. If so, what do I need to watch out for?