New Investor Looking for Advice on Developing Investment Strategy

[Joseph Savold]

Hi all! My name is Joseph and I live in Honolulu. I have been interested in real estate investment since I read Rich Dad Poor Dad in high school, and now I finally have a full-time job to fund my endeavors. I found this website and have been finding a lot of the blogs and forum posts really informative and useful and I am very eager to get started.

Unfortunately, my work involves a lot of overtime (50-60 hour weeks during busiest times of the year) as well as relocating every 2-3 years. With this in mind I was leaning towards turnkey properties. My goal is to get 15% of my cash investment in annual cash flow. Is this possible/likely with this kind of investment?

While I currently only have a few thousand to invest, I am in a position to save around $25,000 a year to invest. Should I wait till I have a bigger bankroll or should I try to find deals now?

I'd appreciate any advice for a new investor. Thanks!