Oh so new!

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Hey everyone,

My name is Sean, I'm 24 years old, and live in the greater Seattle area. I'm a recent college grad as of just about 2 years ago, and currently working in sales for a local software company.

Real estate investing has always caught my eye and I'm in the process of researching the subject and really mapping out my first steps.

My first condo will close on the 15th of this month (Not specifically an investment property, I will be living there.) But I would like to invest in other properties as well as my primary residence.

Obviously I would eventually like to quit my job and peruse real estate investing full time.

My preferences at this point are apartment complexes or single family homes with the goal of generating cash flow.

I will have 50k equity in my condo and another 30k approximately in other "investments" (Park and pray mutual funds.)

As I already have a decent amount of capital, I was hoping to get some recommendations on what you folks would do for a first time investor's money.

Right now I don't think that I can realistically get positive cash flow in the Seattle area so I might have to take the "not in your own backyard approach."

Also, I know that due diligence is extremely important in finding a deal that will be profitable. How do you folks conduct your due diligence?

I'm enrolling in my local REI club and I'm really anxious to just get my feet wet and start moving!

I've been "lurking" in this forum for about a week now and I have to say I'm really grateful that something like this exists to support all us "noobs" out there.

Thanks for all your help!
-Sean