Sellers are more incentivized to take on a conventional borrower or cash buyer- quicker closing, less risk of the deal falling through, etc.This doesn't mean that your overall vision is impossible.

The current plan you have and vision for you and your wife is a great plan.

I started reading Brandon Turner's book today "The Book on Rental Property Investing" and he starts off the book talking about how appreciation or the long-term vision of selling for a much higher profit should be seen as the icing on top, not as the main reason for investing in a rental property. $400 per month is a significant loss on a rental.

My sort of vision, or goal, would be to own multiple rental properties so I can inherit passive income from them.

My vision for the future is for putting together large multifamily syndication deals. 

Make him see your vision.

In short that is my vision and I'm going to go after it.I post this here because I'm curious to know any advice those who have made the jump have.

I like the vision!

I want to develop a mission statement, vision, and plan that I can share wIth future lenders and partners.

As for the market, I am focused on lower yields 4.5%-5% than most thus it is viable in Granada right now by finding the right places and being able to see past the mess of a place and realize the vision.