He is a professional realtor so I would assume the money would be secured.My fear is that 5 years is a long time!

I can't wait to purchase my first investment and go over the fear.

Nothing wrong with that, but these suggestions are not taking into account your wants and needs, your goals short and long term, your fears and concerns, your resources or lack of resources. 

But still fearful...I have the funding in place but am SO SCARED that I'll do something wrong on my first deal and lose money.Don't know if this is okay to ask in this forum, but anyone have experience with a knowledgable agent in the San Antonio area that could help me find the right property to rehab?

Once you're through the process for the first time, you won't fear it and you'll make better decisions.

Sure, I'll clarify my fear of how the UCMJ may impact the situation.

i have 3 projects in the seattle metro area and one up north in arlington. but my fear is that i am not diversifying my investments enough to keep my business stable through out any market changes. my current projects consist of one flip and 2 new construction behind it and one new construction up north. previously i had 2 new construction in the mukilteo area that turned out real good. i really would like to start buying and holding a few properties outside of seattle to get some regular monthly income for my business. 

I remember one of my biggest fears was doing a cold call on a motivated seller lead.

Everyone keeps talking about how the first deal is the hardest, and that momentum builds after that, but my fear is that the cash flow in my first property will not be enough to enable a purchase of a second for a while, and I really want to be able to scale quickly...

Hi Maria,Understanding or sympathizing with other peoples point of view doesn’t disqualify you for the business, it just show that you have a hearth.That said, in business, to avoid feeling the way you feel you set the rules from the beginning, setting a regular “fear” yearly increase every year so they know what to expect and plan for it.Just make sure you add it to your lease.Take care of your tenants, a 10% increase is not the problem, the short notice and all at once is for any family.Work with your tenants, specially if they have been there for 10 Years and are good tenants and keep the 10% increase but may be you can give them a 5% credit for a year or work it out in a different way.Also it may me a good idea to let a management company run these things for you, so you don’t have to let your feeling get in the way of your business.Try Rent ready.Good luck