Best wood for beginners is medium hardness grade woods that are cheap like maple, pine, red oak.
Basic tools you need are for sure a circular saw, an electric drill, drill bits, screws, a hand router, electric sander, nail gun, tape measure, t square, wood glue, clamps, shop vacuum
I hope you have a truck preferably because you need to haul plywood and 2x4 wood stock
First thing you want to do is get a work table setup.
Additional nice to haves, a table saw, a drill press, a planer, Luxury tier a cnc, a lathe,
I would recommend just driving around and seeing if people are discarding old furniture or pallets, (no ikea style box crap, like old solid pieces) You might be able to grab it and start to fix and refinish it for practice.
See below to get an idea of a basic project, the most simple is a table top, as it’s just four legs and a top.
View: https://youtu.be/Fcbb14wCrgA