Hi, new to all this.

I've got a small question to throw out there.
I'm looking to get into the property market and have 50K for a deposit. I was looking at buying a 5-20ac block with a house to get started, as we have a few horses and dogs.
Later down the track I'd like to start buying some investment properties.
What I was wondering is, what should I look at spending on the first property and then how long would I have to wait to buy the second. The second property we would rent out, with the rent covering all exspenses.
Thats the plan. Am I on the right track?

I'm open to suggestions,

Thanks

Steve