Amount to spend on first deal

[Butch Cantz]

I know this is a question that doesn’t have a solid answer but as I am looking at properties online I am drawn to 2 different areas.... lower end homes that are <$110k and have renters in place around $850- $1000

I also then found a property that is listed in an up and coming area for $225k ... tenant in place renting for $1700 month 

Seems to be a really good cash flow.  My concern is having to put more money out of pocket for a down payment and that I probably wouldn’t recoup that for 5-6 years 

thoughts for a first time investor ... is it best to get started in Lower income areas where properties are less or if I find something that is affordable (about $45k down payment) should I go for that 

my concern is that the second option leaves me not getting another property for a few more years as I wouldn’t have much left in savings 

Thanks in as advance