(The question, more precisely I think, is -  What would you do with $20K in regard to real estate that would generate the best return or cash flow?)

. ~2.0x equity multiple is more commonly projected on 3-5 year holds if I'm being more precise.

@Mindy JensenI appreciate the response and I guess that is precisely where I need to start because all of the things that you did mention such as credit and income are things that I do not have at the moment as a college student but thank for the input so that I can at least have an idea of where to start because it literally seemed absurd to just walk into a bank at the age of 19 with no income and no credit, asking for a loan. 

Beaumont Wilshire to be more precise.

There are not precise; for example, the speaker sometimes starts at 6:30 PM, but this gives you the ball park time frames.

I have a keen understanding of the precise metrics of investment real estate and have developed strategies to acquire quality assets in volume from off market channels in hyper competitive environments. 

I recently got my graduate degree and i got a job in my field which i love but my first love would always be investing - real estate investing to be precise :). 

If I were out of state I would start a wide search and then become more and more precise.

You sure are precise for not being an attorney..

I read many of their books and listened to many of their interviews, and it's not like they predicted the last recession with dead-on precision.