What should be my next step?

Welcome to the investment world, and congrats on taking the first steps!

I have read through Michael Blank's Financial Freedom with Real Estate Investing and am ready to go on to next steps. 

@Tim MelinPro - didn't take into consideration personal income or debt.Con - stiff prepayment penalties that are typically a 5-yr step down and the rates have gone up considerably in the last two months making them a poor option at the moment if you believe rates will go down in the next year or two.

I bought one courthouse step deal in Philly and that was quite the ride.. its a locals market for SURE..

Leases are a great start for due diligence and the estoppel is the next step. 

So you don't mono-channel your click-funnel system either, as one moves through the funnel there is options for expression, and that's is how we better develop and categorize from top of funnel too bottom of funnel, and all that step out sideways along the path. 

Being proactive can help you spot potential red flags and make a more informed decision about your purchase.

The entire system is designed to just be this 1 thing, color int he lines, don't venture out, just follow these steps. 

You can possibly find hard money lenders that will step in while a property is being built, but not if you are intending to use the home as your primary residence.