Prioritize your financial stability.

Remember this is a marathon......That said are you planning to flip, hold(short or long term?)

Some other factors to consider - How long are you planning to hold this property?

I know a young lady that just did that in my market, so she was licensed just days after her birthday.What are you planning to do with the license?

I'm thinking long term rentals will be a good retirement plan.

I had planned to slowly build an investment portfolio on my own.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

Slow beginnings are common in real estate investing, and building momentum comes with intentional planning and leveraging your resources effectively.To gain traction:Evaluate Equity: Review the equity in your owner-occupied home and rentals.

The cash flow that you need to achieve should be based off the rest of your portfolio and your financial situation as a whole.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.