Any advice for a new young guy entering the sport?

[Macharity93]

Hey guys, im Mike and I was wondering if you had any advice for me(I'm 21 btw) or any other young people looking to get into the hobby...regarding a anything from best starter car, how to not break the bank, etc.

I've been into cars/motorcycles my entire life, I remember being in 2nd grade and watching my dad do burnouts in his Grand National, going 150mph on the back of his ZX12r, my granddad taking my cousin and I to the dragstrip. Not to mention growing up 10 miles from MIR there were always cool cars/bikes around. And now that I can afford it I want to get into the hobby.

My goal is to build an affordable foxbody that I can learn/do "everything" (autocross/road course/drifting/drag)with...not to mention learn to work on and eventually "restore" or turn it into a more purpose built vehicle. I realize that a car that can do all of those things won't be excellent at any of them but I'd rather have seat time than worry about anything else. So I've been looking at Fox body mustangs since they seem to have great aftermarket support and there isn't much that hasn't been done with them. Not to mention they are relatively light and V8.

I know I aspire to a lot, so Any advice or words of wisdom would be greatly appreciated. Thanks!!

I don't think I said it but I'm living/working and going to school in Washington DC if anyone is local