Commercial Property... new to this, what to do?

[Troy Jones]

(I posted this in the foreclosure section, wrong place even though a foreclosure)

I'd like to start by saying how impressed I am with biggerpockets, just the truth there, it's a great site and laid out well.

I know of a commercial property that is approaching foreclosure, the bank has possession, the tenants are scared, it's 95% occupied.

What would a good list of things-to-do from the start be? Where can I go for the right information at this point and in the future? How can I get the jump on this one? What should I watch out for?

I have some information on the property, I would love to own this, it's not huge but a good location; well maintained; professional complex; California location.

This does have a reciever, come to find out the tenants do know the situation.

Much appreciated. This would be my first project of this nature. Even

Thank you.