And you are asking it in the success stories forum.But oh, well, my biggest failures have been failing to pull the trigger on awesome deals. 

Hi, I am a new investor looking for my first deal around Sacramento, CA but do not have the confident to pull the trigger.

Female cat pee (yes, there is a difference) was absolutely overpowering.We removed all carpet, and used an organic/enzyme product like @Richard Fields suggested, then after it dried, we used 2 coats of oil based Kilz primer/sealer on the subfloor. 

1) Pulling the trigger on the first deal.

We have a meetup once a month, normally at Dry Dock Brewery and I will post the next one for June on the Events page.

Under the second scenario, is there an interpretation where the IRS could say I have now "earned" 50% of the initial equity basis (thus triggering a big tax bill)?

If I had more confidence that I would be able obtain tenants quickly after purchase I wouldn't be so questionable on pulling the trigger on a vacant property or a multi family that has one of three units occupied.  

We were finishing up DIY remodels of our duplex in LA and fourplex in Pasadena when I couldn't resist and decided to pull the trigger ad make it my personal project thinking I could AirBnB it until it became my luxury apocalypse shelter. 

We were finishing up DIY remodels of our duplex in LA and fourplex in Pasadena when I pulled the trigger.

I'm a classic "analysis paralysis" real estate investor, but am finally in a position to pull the trigger on my first deal.