Newbie from New Jersey

[Amiel Nicdao]

Hi all!

I'm Amiel from NJ. I've been wanting to get into real estate for a few years but didn't know how to start. This podcast/site was recommended to me by a former coworker and now I'm here!

I am totally new and with real estate knowledge close to zero. What I have done is watched Brandon's 4 video series, read the beginner's guide, and put together a criteria. What I am looking to do is to start wholesaling just to get my foot in the door. I am also looking to buy a 2-plex to a 4-plex in Vegas where I plan to move in 2021.

My criteria:

- Multi-family, $100-$200/month cashflow, in a transitioning or a B and above neighborhood, a cash-on-cash return of 12% minimum, an equity of 25% (?), and hold long-term for passive income.

I got some of the above percentages from a webinar I watched if I remember them correctly. Is this enough to analyze a property?

Also, I have looked into an FHA loan based off a suggestion from someone in the BiggerPockets network. It looks good to me.

My other question is, if I am looking to start as soon as possible and I have about 10k, at most, that I'd be willing to part with, what should I be doing? I've heard both bad and good things about wholesaling, but it doesn't have to be wholesaling. I just want to get started somehow. 

Extremely driven to make this work. I'm just not sure how I should start or what I should do given my circumstances. Books, podcasts, advice, etc will be greatly appreciated! 

Thank you all!