I feel like I have a lot of options as to where I can go from here but I'll narrow it down to just these:Option 1: Get approved for a FHA loan (since I have low capital to start) and then purchase a new home (small upgrade from my current residence). 

Best thing to do is research different parts of town, learn what you can about the area(s) and then start to narrow down exactly where you want to invest.

I wanted to find out which rates, I would qualify for so I can do the numbers and narrow down the kinds of properties I look for.

Because that will narrow down my searches right?

That represents an increase of 10.3 percent;-Total dollar volume for full-year 2021 rose 28.2 percent to a record-setting $40 billion;-December single-family home sales declined 4.5 percent year-over-year with 9,272 units sold;-Total December property sales fell 1.9 percent to 11,432 units;-Total dollar volume for December rose 12.4 percent to $4.3 billion;-At $319,000, the single-family home median price rose 17.2 percent to an all-time high;-The single-family home average price climbed 13.5 percent to the second highest in history, $392,449;-Single-family homes months of inventory narrowed to a 1.4-months supply;-Townhome/condominium sales ended a strong year with a 21.5 percent year-over-year jump in volume, the average price up 13.8 percent to $258,139 and the median price up 20.9 percent to $220,000;-Leases of single-family homes rose 5.9 percent with average rent up 7.5 percent to $2,042;-Leases of townhomes/condominiums fell 23.0 percent with average rent up 5.5 percent to $1,731.

Hey @Carlson Driver,What area of Beacon Hill(it's long and narrow)?

There are tons of resources out there, but I would look to narrow down your focus on what type of REI you want to start.

If you narrow it down to one area, and have a good real estate agent you’re going to use, have them send you listings through their portal.

I'd like to narrow my margin so that I can compete more without giving up too much risk by paying too much. 

I have narrowed down my options to either Texas or Kansas, and wanted to get on the market to begin my real estate journey as soon as I got my post selection (no real estate experience besides reading books and listening to podcasts).