I have been very lenient , mainly due to my inexperience and the current situation.If this were you, what would you do?

Don't saddle yourself with a lot of bad debt due to inexperience.

Even if it's not profitable in year one, consider the value you'll gain in experience as well as appreciation and rent increases that property will have over time. 

A bit about me, I am a US Army infantry veteran, a single father, and currently working in Law Enforcement and The Private Security Sector.Due to my inexperience, I am looking for knowledged individuals I can form relationships with and network with.

@Rhett Tullis That was what it seemed like when I was browsing listings, but I wasn't sure if that was just my inexperience talking for me.

Pros:-You have funds lined out-It forces you to have a plan and stick to itCons:-funds are released in stages-the communication piece in this can be daunting for a newbie with the back and forth between issuing bank, contractors, and your own family throughout the projected timeline and ensuring monies get to everyone at right times.I’d say, the juice is worth the squeeze, but just know it’s gonna be a pressure cooker in experience and growth that you probably weren’t bargaining for.

+1 interested in experience working with them.

Those were my thoughts as well but with my inexperience I wanted to toss it out there in case I might be missing something.

Then you can start exploring other channels as you gain experience and close some transactions.Also, you will find some channels unappealing to you, focus on the ones you enjoy.Too many people try the shotgun approach, spread themselves too thin, lose potential deals due to their inexperience, then flame out.

I didn't realize that secondary money could be allowed or disallowed by my primary lender for the mortgage, I will need to check up on that.As for the private money, you are probably right about the inexperience of an investor that we find.