If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

We also have a couple meetups I can get you connected with. 

Great question and always worth getting a second opinion.. especially when it comes to inherited IRAs.

Take your 50k and get a 15-30% return on it unless you’ve hit your financial goals.

Hello Sharad, I would suggest that you consider what you get for the price range which you are purchasing and visit a few neighborhoods to determine your preferences.

Akku, solid move getting into real estate early.

Hi Shyam Sridharan I would recommend to get a contractor to make all the changes.

Weekend work is emergency only and it gets billed out at double our rate . 

I only have one that seemed to fail to launch.What I do get more is I offer to run a newbie through a transaction and/or show them the work in progress and I get either no show or barely show. 

.: I'm very new to this and would love to get your thoughts on this and are there any downsides to the process?