Would this be your first home? If yes, please note that first time home buyer benefits usually don't apply to investment property.

Even thought the market is not favorable right now, you could still find the right home with proper due diligence. Just make sure you take into consideration all the fees that come with it including taxes, insurance, HOA etc.

Additionally, if you're considering investing in a rental property, it's important to be aware of the regulations relating to landlord-tenant relationships. Keep in mind that if there are existing tenants in the property, you may not be able to charge market rates for the rental.

Hope this helps.

Best of luck