Study, learn to the point you can articulate REI to someone else, then pull the trigger. 

When you feel you are confident enough to pull the trigger, you will pull it before you know it. 

Just a matter of whether we pull the trigger or not.

Find a mortgage broker before pulling the trigger and describe the situation and see if financing is possible.

@Jack Inman That’s the plan, I don’t plan on pulling the trigger on another property for at least another year to so I need save up the capital and during that time I’d like to attempt to build a team to work with

I’m watching the market trying to determine when the equity growth has slowed enough to pull the trigger.

I could even just charge my 42% down payment and be happy with that and manage the transfer of funds free of charge for 10-11 years.This deal is going to happen and all I am trying to do is create options that will trigger the seller to sign my contract.

Hello BP Family,This is my first post.I just made my first deal and it's a long distance one that came to me through a relationship I built using the tips and techniques I learned here at Bigger Pockets.I paid $1000. under asking which to me didn't feel like a good deal at the time, but I ran my numbers in multiple different scenarios and I just knew I had to pull the trigger.

I would echo what James said above, and start with a good lender who will guide you (and not sell you), give you options, and if now is not the ideal time for you to pull the trigger, lay out a good road map to get you there. 

It's possible that a high pressure gas line would trigger the same kind of failure.