Help for a noobie?

Hello! I have always wanted to do covers and such stuff, but I don't even really know what to do. I'd really like to know the basics of how to cover songs and such, tutorials, or good mics and programs. Oh, and recording and mixing help would be much appreciated. My budget as of now is a few hundred, but I'm sure I can cough up a bit extra.

Well there is a thread explaining a bit on how to mix in the recording/mixing section.
You can use Audacity or Adobe Audition for recording but I can't help you with mics because I don't even have one (I use the headset mic)

Well, I'd use the Blue Snowball mic.
It's used by many fandubbers and is only 60-100 dollars depending on which model! It is claimed to be the world's first professional USB mic (which is basically a mic with a USB drive to plug directly into your computer). This mic is a condenser, not a dynamic. They are sensitive to loud sounds.
As for a mixing software, I use Audacity, only because it is super easy to use, there are tons of tricks on improving sound quality online, and best of all, it's free!

(I don't have a microphone so don't ask me about the Blue Snowball mic. You can check on their website for more info, though.)

Lol, first of all, choose a song. xD jkjk

IMO, you don't need to start off with an expensive microphone. I know many good fandubbers who just use headset mics and they sound amazing. Well, what I'm saying is, if you're not sure you're gonna stick to this hobby for a while, don't buy something expensive first.

As much as condenser microphones are preferred when recording, you have to consider where you're recording too. Condenser microphones record better but pick up everything, so if you're living or recording in a noisy place, you'll have a hard time. Dynamic mics tend to just get the voice and are more for on the go things, so if you live/record somewhere a little noisy, this'll do a better job.

With a few hundred you have a lot of choices already! :D

For mixing, well audacity is free but I don't like it haha xD I just use it for recording. I use audition. :D

tl;dr but I hope I helped somehow! :'D

If you got the money, spend it on a lesson. Improving the voice does a hell lot more than getting a more expensive mic. All a good mic is going to do at this point is show how good or bad you really are, just with clearer clarity.

Not to mention it takes more than just a mic. Ya need a good sound card, or something to bypass it, good headphones since those ibuds aren't going to cut it, knowledge about mixing, etc.

But the one thing you do need in the end, is a good voice.
So practice before you get ahead of yourself. This goes for all you newbies, not just you.

Well, even average singers can still sound great as long as the mixing is good in my opinion. I mean some people can use tuning to make off people sound great and effects can cover up some small flaws in the vocals. Additionally, if you know how to compress and equalize vocals properly, microphones can be fixed.

As a beginner, there's no need to get waaay into that stuff just yet because there's no guarantee that you will be staying for a while. Just come out with a few covers or so, and once you begin to realize that you're getting a little bit more serious about it, that's when you start investing and learning. Let your interest grow first. That's the best way to start.

But in my opinion anyway, I don't like the Blue Snowball mic because it tends to give a hollow sound which I find hard to mix. I've had experience mixing 3 Snowballs all in one chorus and it was terrible. I had to do a lot of tweaking to make sure their quality was on par with the others in the chorus. My reccommendations for starter microphones would be the AT2020 and the Blue Yeti. Samson gives a little too much bass. However, before you choose to buy any of these mics, be sure to check out their qualities by listening to some demos of them. There are some comparison videos on YouTube.

To start off, yes, Audacity would be good but that does have quite a number of limitations in that because it's a free software, it can't do as much as programs such as Adobe Audition or Mixcraft. However, it's good as a foundation in the basics of mixing. There should be quite a number of tutorials on YouTube on how to use aspects of it.

Just remember to take it step by step.
Good luck! ^_^