Not everything needs to be perfect, it can be very good and still be a great product for a renter.Refinancing instead of selling is a great way to get your feet wet to start.

We are glad we did this to get our feet wet and start investing, but for our second investment property we definitely want to add value and refinance so we don't leave so much cash in the deal. 

I am for sure wanting to get my feet wet out in the California area..

Additional space in the basement includes another bedroom with a full bath, a wet bar and an additional storage room.

While the currently plan is to get my feel wet with single family residential properties, I'm also very interested in commercial and larger multifamily properties both from a sales and investor stance.

My question is: Do I bite the bullet and pay what I think is a high asking price in order to get my feet wet in rental property investing?

I'm open to both but would primarily like to get my feet wet with actual physical work on properties.

I could always use a cold caller if you want to get your feet wet.

You get your feet wet, learn the ropes and have a “safety net” via the experienced investor to keep your investment on the right track.

The 17k you do have in savings could definitely be used for a low down payment type of loan like an FHA to get your feet wet.