First investment property or first home? I’m currently renting but my goal for this year is to buy my first property whether it be (a) my first home or (b) my first investment property that I would buy &amp; hold for the cash flow.

What are pros and cons to doing one over the other option? My argument for (a) is I can start building up equity by paying a mortgage instead of throwing away rent and use a line of equity later on for an investment property. My argument for (b) is to use the rental income to pay off $25k in student loans and save up for a down payment on another property

My current position: rent $2050/mo that I split half with my gf, $90k salary, $20k saved for a down payment, live in Northern California.