Try and find something newish (1980's or better) that just needs some cosmetics to get your feet wet.

Or perhaps owner occupy a two family if you don't own your own residence currently - (a great way to get your feet wet in this business)If you need any help or tips you are definitely in the right place.Good luck!!

Hello BP!  I've been thinking about getting into real estate investment for a few years now and now that I'm a bit more settled I want to get started (was previously living somewhere more short-term).  I'm looking to ...

I am a newbie too and I just bought my first 2 properties in July and I can tell you that taking that first step is the hardest, but once you get your feet wet it gets much easier.

This Keeps the boards/wall getting wet and destroyed from you know what.Franklin

I was planning on using this as a wholesale property. again I was just using this as an example deal to get my feet wet. so it sounds like you are saying this would be a bad property to wholesale?

If you are going Conventional,  "financing without Fannie Mae" is like saying I'm going swimming but I don't plan on getting wet.  

Is this one worth the time, maybe good to get my feet wet in the rental game ?

Give them a wet bar where you had an old over sized closet. 

I would go with option #2, which is commonly referred to as House Hacking.Its a great way to get your feet wet in REI and see if its something you would like to pursue.In regards to option #3, I would not call flipping investing.