I must admit that I'm completely nervous about what to expect.

The first 2 floors are occupied with month to month tenants, and the 3rd floor is renovated and vacant, ready to be rented out to my own tenants once I obtain title.Purchase price is going to be $201,000 and gross annual income should be around 31-33k or so.What I am very nervous about going into this is inheriting tenants and screening tenants. 

The justification for the revocation was based on California code as follows: “No condominium project, as defined in Section 1351(f) of the California Civil Code, has been created because there has been no conveyance of a separate interest coupled with an interest in the Common Area or membership in the Neighborhood Association, as such terms are defined in the Neighborhood Declaration.”CITY: In order to get the appropriate approvals and signatures, the city had me apply for a “Development Permit.”

I had thought about talking to one of the investors about mentoring me, but was a little nervous.

I told her that I will pay her off whenever she wants - she's nervous about her financial situation.

In "section 8" situations the government pays the rent (a portion or all of it).

My wife and I just made an offer on our very FIRST piece of property...REO....I am very nervous as is she, but I know the home will be a great buy. 

Prices go down again and people are nervous but eventually they come around and start buying houses again.

I'm really excited and nervous about this next move.

Being very fresh, I'm still very nervous, but I know where I ultimately want to be, and that the hardest part of this will be property number one.