Newbie in LA, wanting to invest in TX

[Chance Bostick]

Hey all!

I'm Chance, I'm 24 years old, originally from Texas, but I've been living in Los Angeles for just over 5 years.

I work in the entertainment industry, currently as a production assistant on the TV show Bones. This is my 2nd season with the show and we will wrap the series in December. My job is on the lower end of the salary ladder unfortunately, but for the most part I enjoy what I do. The industry is unique in the fact that when my show is over, I become unemployed until I find another show. I might not be full time with any certain show though, I could day play. One day I might be on (insert show here) and the next day on a completely different show. Or if I can't find a show, I would just be off until I do. Will this be a problem when trying to apply for a loan? Does anyone have tips on working around this?

All that being said, I want to learn about real estate investing. I'm priced out of Los Angeles, but might be able to afford something in central Texas where my family still lives. My primary goal would be cash flow coming from rental properties. Does anyone have any advice on where to go from here?

Is any of these even possible? Do I need a more steady, traditional type job?

I've been hovering around BP for awhile tying to read and learn as much as I can, but figured I should introduce myself on the forums, so here I am!

I look forward to hearing from all of you!

Chance