If your mentor is only mentoring advanced stategies well then you are skipping a step from the start.

Hey guys! So my cousin and I just recently went in on our first home together! Well, technically, this is the second house we've purchased this year.....Anyways, we paid 225k for a cute little two story house. Fortuna...

you are definitely taking the right steps thus far.   

In other words, initially, you should be paying interest on the $70K. 

If they don’t take the initiative to reply or try again I assume they’re not interested enough.

I initially planned to leave my wife's name off of my investment ventures so that if something went wrong and I go bankrupt, it's just my credit that's affected and not both of ours.

The bank gives me $75,000, I "make up" the $50,000 I initially put into the investment and pocket an additional $25,000.Does this make sense or am I misunderstanding how this works?

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.

Once we figure this out, we'll be nearly 100% automated besides responding to initial inquiries & leaving reviews, which we feel substantiates our personal involvement at this stage.All-in-all, we are very happy with our first real investment property, and feel like we've found a good niche.