Breaking down bigger goals into smaller goals sounds easy, and actually is when you know the field, but what about when its a new territory? 

This is new territory for me so thought I would dive in on the forums here.

The best to you both as you step into uncharted territory; it sounds like fun!

its come with the wholesaler territory.  

Mediation, just comes with the territory lol.

This isn't DIY territory.  

Lending Territory: If they are local lender then this is not an issue?

If that "incredible rate" and "incredible market appreciation" doesn't pan out (and counting on it is pure speculation, not investment), any longer vacancy, tax increases, rental cap, repairs will transform this opportunity into a money pit.Speaking of repairs, I would call finding a property for 20% under the market, without need for any repairs (minor or capital) a unicorn, not the RE investment norm or beginner territory.

I haven't done lending outside of conventional lending so this is all new territory to me! 

I suppose this is legal territory and I can’t give a terribly accurate response because 1.