Ideally, I would like to become a real estate investor and am wondering what amount of cash on hand I should aim to have before investing.

Here's a construct for how to go about this: * Location* Cash Flow* Property Type* Property Condition* CompsLocation: Decide on a market, neighborhoods within that market, and specific hyper-local factors.An ideal market for many new investors might be one within an hour's drive of home, a place that offers a reasonable blend of long-term appreciation potential in the investor's opinion, while also offering acceptable cash flow opportunities on average. 

Also you mentioned "4 Family" I'm assuming a 4plex and it looks like from the photo there is only one point of entry which is not really ideal for a small multifamily.

Ideally with a master suite on the main floor and other bedrooms upstairs.

Ideally, they should own the property first (NOT JUST BE A LISTING AGENT) they should renovate the property in-house, place a tenant PRIOR to closing, and then do the management in-house after the purchase.

Top unit would be ideal for a family with 1 or 2 children.

However, if we can get a automobile loan for 3.99% (ideally 2% or less) or less and keep the cash on hand for down payment of a property what would be the better option?

Its bank owned but that is the 1st time i deal with bank owned property in general i am still new to real estate investing

Ideally, I'm looking for a local group where I could get more education on investing as well as group investment opportunities.Thank you again and have a great weekend,Tamarra.

Ideal commute time?