Got my first property.. What next?

[Elijah Householder]

Hi everyone, 

I don't post here often so apologies if this is in the wrong spot. But looking for some advice! 

I just bought my first property here in Southern California (Riverside). I was very fortunate to come across this home through a family friend. It has a main house and a back house that is currently being rented. I am planning to live in the main house with my grandma so I can save up some cash. Buying this house took pretty much all my funds. However, I am just looking for advice on what should I do next? Here are a couple options I am thinking - 

1. Currently, the back house is not permitted as a living area but I believe as a "Carriage house". I am not super familiar with the laws and what it takes to get it permitted but I am thinking of putting my time and focus into getting this done and having the property listed as a "Duplex". 

2. Another option I am thinking is doing the minimum to get the house I am living in fairly nice and then saving cash to eventually buy an out of state property that hopefully would cash flow. 

3. Taking any ideas that you all have! This is all very new to me so any advice on what would be a good next step would be awesome! 

My goal as I think it is for most people is to have a few properties that offer me a decent additional income. So any advice on what steps you all think would be best for this would be greatly appreciated! 

Thanks!