New member, seeking pointers/ advice

[Vincent Dicristo]

Hi, I recently turned 18 years old, live in NJ and I'm looking to become a full time real estate investor. I'll tell you guys a little about myself and my current financial situation. I found out about real estate investing from my step dad who has flipped two houses himself. He owns both a construction & painting company, so he's great with being able to renovate places and doesn't need a contractor for anything so he'd be willing to help me if flipping houses is the route I choose to go. My father passed away coming up on two years ago in August from a car accident, where a highly intoxicated driver hit him from behind going approximately 90 mph. Why is this relevant to this topic? It's because he was overserved alcohol by Carrabbas and there's a lawsuit and I can personally be getting anywhere from a $500,000-$1,000,000 settlement.(that's after the lawyer fees) The settlement date is in September and I'm looking gain as much knowledge as possible beforehand about real estate investing. So I have a few questions I'd like to ask if anyone would be willing to help me. What route should I go based on the current amount of money I will be receiving? Should I buy a house out right and rent it out for a sizeable cash flow? Should I also flip another house at the same time as doing that? Should I start whole saling instead? I'd really appreciate anyone who could tell me what they'd do in my current situation. Also what are some great books I could read to gain some knowledge on real estate investing? Thanks in advance! (by the way my name is Vincent and I'm looking forward to becoming an active member on this website!)