You need to get a good paying job and after saving/working for two years if you have sufficient funds for a DP you then approach a bank for a loan.To be a investor you must have cash, employment and a high credit score.

There are a few suburban areas that are still possible in that price range.

My investing strategy is roughly:- Acquire single family homes in the 75 -125k range for 20% down (possibly even using something like Roofstock)- Renovate/update as necessary- Get quality contractors and PMs to mostly run things- Investing will be buy and hold for cash flow. 

Now, I’m paying myself in the lower 5 figure range after product cost, marketing, employees, and reserves.Do I double down and open a new business in the same market, or play it safe and start investing the cash on hand?

New paint, possibly flooring, and a good cleaning will be sufficient.

In the military we have a planning model I’m sure most have heard, range distance planning.

@Jorge LagoWhat's the price range for both properties, if you don't mind sharing.?

What is demand for homes in that price range?

Hard money doesn't lend at current rates.Another thing to be careful about is the range of loans they're willing to lend on.

Our area has way more potential renters than properties in the price range mine are in.