I'd be willing to bet buying an index fund would have a better return without any of the headaches. 

For example, this investor that I met recently said not to buy properties at tax auction for 100+ different reasons.

You’re just trying to make a few bucks to buy your own toys without committing to being a full-time shopkeeper.But here’s the thing: Wholesaling without a license is like running around the playground trying to sell toys out of your backpack.

Interest on a loan used to buy or improve a rental property is ALWAYS deductible against that rental property.

I actually got caught up in the creative finance bubble of trying to lock up properties way over their value just because it had creative terms not realizing that if you were to buy a property at 120% of its value you will never be able to refi or sell without paying out of pocket.

Investment Info:Single-family residence buy & hold investment.

Just one example of a market getting overheated and then right-sizing.Same is going on with syndications, STRs and soon LTRs.BP took off after the Great Recession when investors could buy almost anything and rent it out for positve cashflow.

People are buying stolen identities off facebook groups and using that info to apply as someone who has good credit and making fake paystubs.

We have looked at these loans in the past that they did have but decided against buying because they did not fit our buy box but there are investors out there who would buy whatever is left of their assets. 

Any general advice is much appreciated.50k is more than enough money, the biggest question at 22 is are you ready to buy a property and be kind of locked in for 3-5 years.