As a low time FO you may have noticed there isn't much choice of jobs, and as a minimum you will need 1000TT, and 500 on type, and the types that seem most in demand are the A320 or the 737 NG. There are not many contracts for FOs period, and in career terms it is a dead end. You can forget upgrades and promotions, and don't expect too much in terms of leave or getting a roster that allows you to travel home for a few days each month. As an FO find a full time permanent contract with an airline, get a few thousand hours, and get into the left seat, get a few thousand hours there too, and then if want to have a crack at contracting give it a go: there is a lot more, and better choice for Captains to work as contractors.
Good luck!