25 M earning 70k wants to invest on first property

[Sami Ibn Jamil]

Hi guys, im a new grad 25yo M, living in Milton and working in Guelph. I earn about 70k per year. I am interested in investing on my first property. Any suggestions how do i start with? My current rent is about 1200, how much down payment do I actually need? What should be my budget? What should be a location? I dont have much saved, what options do i have to save the down payment. Can my parents gift me some money? How does that work legally ? I am also interested in vacation homes which i can airbnb out. Wher efo i look fornit and anyone who can be my mentor?