You've gotten some great responses on which Bibles people prefer, so I have nothing to add there (since it really is a personal preference that you will likely just have to try one or two to determine which ones meets your needs best--tho I like the Concordia Study Bible published through Concordia Publishing. I think it's a New Revised Standard but I'd have to take my protective cover off to find out)
As far as where to start, start at the very beginning...it's a very good place to start! If you can get a solid understanding of the Old Testament events and characters and how they fit together, you can see the foreshadowing and prophecies that were then fulfilled in the New Testament.
If you're looking to kind of ease your way in, you can either start with the Psalms (truly like songs & poetry) or Isaiah or even the New Testament Gospels (Matthew Mark Luke & John).
My son attends a private, Lutheran school and they start at the beginning with Creation (the book of Genesis) and then move to Exodus before studying any other parts of the Bible. There, you'll get the big-hitter events/people of Creation with Adam/Eve, Abraham, Noah, Moses and the Isrealites escape from Egypt along with the Ten Commandments. All good stuff! Much like reading a story book at bedtime, you choose a chapter or less to read through and then talk together about what you just read.
Just in church yesterday, our pastor talked about getting back into reading the Bible on a daily basis. He suggested for us grown-ups to just read a chapter. It won't take very long. My mother used to do this in the morning before us kids woke up and she'd keep a journal where she would write down her thoughts on what she had just read or just whatever thoughts/prayers/struggles she had for the day. Now that she is gone, her journals are incredible gateways into who she was. I think I will start this, too!