Challenge each number. 

I want to make sure that both of us feel like the deal is fair and equitable for the risks and rewards involved.Any guidance on how to approach these key questions would be greatly appreciated!

Challenges?

That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!

What should I keep in mind to ensure I'm approaching it the right way?

It's best to approach 2-3 lenders to compare their rates, terms, and loan programs.

Raising equity can be the most challenging aspect of closing a deal.

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

Challenges?

I dont see how that can withstand a challenge.