If you don't have that taken care of,  then you have the cart before the horse and you need to stop and re-evaluate just what the hell your doing.

Save up the down payment, get a 30 year loan and you’re off to the races.

Open to farmland, country living etc..Our goal is to get out of the rat race, have our living expenses paid for so we can start studying & focusing on our own thing and build a real future.

Am I putting the cart before the horse by even considering it at this point? 

Horse people also want larger lots.

What has occurred historically is such things became code words for people of this race live in this neighborhood, or people of this other race live in that neighborhood.There are many testers in the market from real estate commissions, local boards and non profit organizations that are looking for fair housing violations and will take action against agents committing them.

After you close the first and have it rented, then get back on the horse knowing what worked and what didn't in your experience. 

Then with the local governments it's a race to either bar the investor/developers on doing what the state implemented, or significantly slow the person down to the point the holding costs etc. make the deal almost undoable (the exception are the past couple of years on appreciation). 

Unfamiliar with commercial REIPros:Lessee willing to rehab part of the propertyIt’s the exact set up the lessee requiresStable business lesseeIf this one doesn’t work out he still needs to secure two more commercial properties regardless.I can afford the mortgage if I eat ramen.There’s a second retail unit to lease.Yes, I know I’m putting the horse before the buggy but I like to get ahead and I’m learning.

I want to get away from the rat race and become financially free.