best strategy for new investor 26yr old with 65k to invest

[Mario Gonzalez]

hello BP, 

i have been researching and reading every book i can for the past few years. i have my finances in order and would like to purchase a property. the goal is to have many rentals like many of you do already.

i live in a expensive state where taxes are the highest and do not want to buy locally here. 

i am look at near by areas like Philly where many signs are telling me its growing which i like. 

i have 65k to use and trying to find a way where i can reach $200/ per door (8% cocr) or more. I have no debt and already pre approved with all docs needed. 

what would be the best move if you were in my shoes? i live at home saving every penny and maxing out my retirement accounts. i strongly want to own property//rental before the end of the year. 

i would not mind house hacking than rent it out after moving out (1 yr) to cash flow or would buying a rental in a cheaper market like mid west be better? how can i start and scale?

[Ryan Harsche]

I'd have to agree! Househacking is the best way to go about it. Buy a single family and rent out the rooms or even better, find a 3-4 unit property and use FHA financing to put 3.5% down or more. I'd be happy to talk to you about all of this if you would like. Shoot me a private message.