Hi all, I’m 26, w2 job, and seeking for some advice.

I have 70k saved in HYSA and looking to make better returns with my money.

I know some say if they could redo it, they’d buy a multi family using an FHA and start their RE portfolio that way. But since my family has little to no investing experience, it’s hard to take that step without some guidance and they all say that it’s easier said than done, discouraging me from relying on “that.”

I’m at a point where I fear that I won’t be able to afford said property any time soon and on my own so now my focus has shifted. I found a property in the Houston area for 200k (something I can comfortably afford and is currently lower than my rent now) that I intend to rent out to professionals/students and net $400-600 monthly as I start my RE portfolio.

Is this a good financial decision or are there better ways to grow my money and especially during this time with high interest rates, etc.

Any advice is appreciated as I would love to learn from you all.