The least stressful and risky first few transactions would be house hacks, I'd suggest you get your feet wet by exploring that option. 

Basements just naturally will get wet, whether due to the flood or ground water pressure in Florida. 

@Mikael WinklerHi Mikael,Since you're just getting your feet wet (so to speak) on spec-ing, scheduling and overseeing contractors, you might want to rehab 1 unit completely from X to pre-rental inspection, put that unit up for rent, and then begin another.

Since I'm still getting my feet wet I'm a little cautious about the numbers I'm getting from other wholesalers.

The carpet was wet when we did our walk through.

No big componets, no electrical no plumbing, no wet basements, no plaster, no driveway issues, no boiler issues, NO UNDERGROUND OILTANK!!!!!

Hi Yan,I help many investors get their feet wet in Fitchburg.

I'm just getting my feet wet and want to learn all of the ins and outs of building investment properties in the San Diego area. 

The only thing that is alarming is a wet spot beside a window.

Not as much as Columbus but it's a great place for people with lower capital to get their feet wet and start building.