Any advice is appreciated and super helpful as I just graduated high school and am just starting out with real estate!

I have started going down the road to do a DSCR cash out refi on a duplex (BRRR) I purchased last year with my HELOC, but not that far yet.

That is where I would start.

As a start work backward from the NOI and determine a cap rate. 

Didn't wanna start building on it until I paid it off.

Start with something that's turnkey with value-add potential.

I know here in PDX Multi is starting to tip over in some areas..  

If you have multiple properties in a specific state you really should have an attorney draft your lease agreements and start to understand the laws or get a property manager involved to advise on these situations.

Hi Vadim,There is a conventional/FHA program called a '203k rehab loan' which allows you to purchase a property and wrap in ALL renovation costs INTO the mortgage, so in your example above, the total loan balance would be around $70,000. 

For your first real estate deal, getting all owner financing is a nice relatively low risk way to get started.