Everyone has change to drop in, and the kids are right there pestering mom and dad to cough it up!

Any suggestions you can provide as in how to obtain capital as a new investor, how and what type property to look for to help my first property be a investment property success, and any other positive advice to help me get my feet wet from you or anyone would be greatly appreciated. 

I'm working with a loan officer right now and she has estimated that I would need roughly $66,000 at close, but I don't want to cough up that much money right now.

@Mike D'Arrigo, Wet noodle for me!! 

Would definitely recommend reading Brian Burke's Hand's off Investor to get your feet wet and understand the whole process.Once you have a grasp on the processes and the lingo, what I would do is sit down and write out what you want out of an operator. 

As other mentioned, your best bet is to partner with a builder or developer and get your feet wet on something small maybe.

Bathroom Towels - Keep all wet or damp towels in the bathroom only.8.

If any water leaked then I will use a wet vac and clean it up.

Would you consider rental arbitrage as a way to get your feet wet?

I don't own my house and, given the market here, that isn't happening any time soon.California real estate is (cough) rather fully priced as a whole.