You start with...
One minor magical item (up to 1000 exp value) and one medium magical item (up to 5000 exp value), and 3000gp of equipment.
or
Three minor magical items, and 3000gp of equipment.
or
One minor magical item, and 6000gp of equipment.
or
A fortress barely good enough to qualify you to get followers, and 1000gp of funds.
In addition to this you have one steed, it can be a good horse or a yellow chocobo of good quality. (Great quality chocobos are available but cost more, about 1500 gp.