I'm nervous about my first new purchase after years of sitting on the sidelines.3/2 in Milwaukee, 1590 square feetPurchase $42kRehab $25kClosing and carry $3kAll in at $70kRent should be at least $1000, hoping for more.I put it in a rental spreadsheet and after taxes, insurance, vacancy, property management, repair reserve, mortgage at 5% I'm getting $233 netNice neighborhood, just outside the downtown crime area.I don't think Milwaukee is going to bounce back any time soon, but I don't see any huge problems coming either.

I was planning on going to one of those local real estate investing groups you mentioned but I am a little nervous about whether it is a way to have people pitch their products.

I try so hard not to get nervous around crowds of people.

Now I am nervous whenever responding to your posts.

Dear BP community,I've identified a few potential properties I'd like to invest in Atlantic City.I've done my research and run the numbers, the only thing that's making me nervous is the fact that this will be my first investment property (newbie) and I am out of state, so I would like to get your opinion on what my next step should be.

I am excited and nervous for this first deal!

I'm a little nervous but I'll keep everything you said in mind and give an update on how things went on Thursday :)

We have a few, and I'm always a little nervous when it gets close to the deadline. 

I'd be nervous about the buy if my first offer ever was accepted immediately.

I was very nervous but the first agent was so open and willing to share info that I forgot we were talking business.