Brand new, need direction

[Cary Miller]

I've been thinking about jumping into real estate for the past year and I've come to the conclusion that it's my time to jump. My problem is there's so many angles of entry that I don't know where to start.

Here's the details: I currently do not have a job (so I think that puts traditional financing out of reach),, but I have 100k in a 401k from a previous employer that I thought about moving to a self directed IRA to get started. I live in Los Angeles right now and can't afford this market so I'm unsure where I should go out of state. I thought about the Detroit market because property is so cheap that it seems like it's in my price range.

Any advice is appreciated. Thanks 😊