You might get these days 60% leverage so you'll likely need 40% down payment plus reserves and the financial institutions will want you to keep those capital reserves in their institution.If you are a new investor, there's a couple of opportunities to get started. 

Brook and all the miles of nature trails on Shades Creek walking trails .  

Also, for flips, I like to reserve an additional 15-20% in contingency for unforeseen conditions or changes. 

Best tips are take it slow and make sure you have significant reserves when you leave your w2 also don't buy a company car if you already have a car just to say it's for work.

Address potential risks by explaining strategies like maintaining emergency reserves, purchasing proper insurance, and conducting thorough due diligence.

Now I always have a reserve.  

Then they are changing the nature of investment by investing in sometime called Mission 10k. 

Begin with a small property like a duplex or triplex, build a strong financial foundation, and keep 6-12 months of reserves for emergencies.

@Elizabeth LebI would like to hear what folks would invest 20k in if you already have reserves?

I keep a very healthy amount of reserves to avoid using my insurance unless I have a catastrophic issue.