Each step has its own set of challenges. 

Worst case scenario if the deal falls through is you’ll have taken steps to build those relationships for when the next one comes around.

Now that the building is mostly passive income I'm wondering what my next step is.

This method of doing things definitely required more of our time & sweat equity, but we were able to perform what amounted to nearly a gut rehab with high-end finishes for $60 / sf.We finished the renovation and immediately staged / furnished both units. 

Don't step on the toes of real estate agents in your actions.

But I'm only purchasing land to build on....these are the main steps involved that legally make me the owner correct?

This is the preferred method to insure minimum disputes after move out and law suites over thousands of dollars in tenant damage.

I’ve posted about this many times - I prefer the too-big house method where I buy in a high-job-density area a 4-6 bedroom house with 2-3 bathrooms and I rent out spare rooms to professionals (1 person per room).

I'm eager to get my feet wet and get started, I've educated myself enough to take my first step and get the ball rolling.

I made an offer but I’m not sure if I should move on to the next step based on the reply I got.