I don’t currently have the money to just pay it off but considering if I should attack the loan over the next few years or save liquid funds for future deals. 

These same issues can be attacked in a foreclosure 5 years later, can you prove you were in compliance at the time the note was originated, if you can't you may very well lose.Me, I'd take any financing agreement to a RMLO with "proof of the exemption" **, pay him a few bucks to set his seal on that note with a statement exemption and attach it to the note, tape it with heavy clear tape, front of the statement to the last page of the note as an extension of the note.

I would love any feedback on this and I'm open to other suggestions for a plan of attack if anyone has anything to offer.

@Sven JessicaI don't know if it is of any help but there's a BP blog entry I wrote talking about how I got my arms around making cold-calls.http://www.biggerpockets.com/blogs/6020/blog_posts/41602-cold-call-paralysis-how-i-am-attacking-itIt is good you have a partner nearby - they may come in handy. 

Hi Anna,More than happy to assist in educating you on the proper way how to attack your first-ever flip.

So the only expense I see left to attack, which happens to be everyone’s favorite topic, is insurance.I am not schooled [yet] on the ins-and-outs of property insurance, and I realize the following questions are pretty much opened-ended and every situation is different, but any practical advice or rules-of-thumb will be greatly appreciated!

Moderator note: Personal attacks are not allowed on this forum.To the person who repied he sould seek an attonrey, yes that is appropriate. 

I think the MLM sneak attack is pretty much a rite of passage - my wife and I got hit with one shortly after I decided I wanted to start investing :)  Good luck with your search, if you ever have any questions feel free to hit me up.

Well, financing as we know it hasn't been around forever Dion, only about 700 years, but it's not a stretch to go back over 2000 for cash sales, if you include goats, horses, chickens, daughters and such with agreements not to attack or go to war.

A plan of attack is a must.This IS a business and needs to be treated as such.