If you were given $20,000...

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How would you invest it in real estate? I am looking for longest and most secure way to use $20,000 in real estate to have the most "bang for my buck". I'd like to buy and hold... But do I buy a lower priced house at $40,000 or less, fix it up and rent it out or do I use it as a 20% down, or maybe split it up for 2-4 houses with only $5,000 down on each one. It would be for my first house and I know how important it is for the first house to Be successful!