I would start with a SFH just to get your feet wet and learn how to do things.

This is a pretty close replica of the first investment property that I set foot in years back just getting my bird-dogging newb-feet wet in this industry.

@Kim Pham and @Jay Hinrichs another thing we haven't discussed,  is that if the property requires a septic, and therefore; perk or wet weather testing, with California's drought you can pretty much be sure there hasn't been any testing completed in the past several years, and would need to do,  Hopefully we will get some water this year, like they're saying.  

I just watched a webinar, in fact, and will commit to analyzing three deals in the next 24 hours to get my feet wet.

Mold is really go at hanging on, hiding in material, and when wet conditions return, comes back with a vengeance.I love these kinds of problems cause many investors run away, which gets you a lower price. 

There was mold discovered in the unit above from the water damage and the whole basement unit was squishy and wet.  

Mold and other possible issues from a wet/damp basement leaves you open for a lawsuit from tenant for negligence to make the necessary repairs, especially if township has sent you a letter of violation, you knew about it! 

Use BP hard and put it up wet.

I used it to get my feet wet in real estate investing.  

I'm currently looking for an entry level single family rental to get my feet wet a bit.