I have even partnered on projects with people I looked up to as mentors, who knew the project may have been “out of my league” but still went forward with me because I showed sheer heart and confidence to execute and get things done.

Expecting someone to spend hours and hours with you without any compensation driving to house after house is bush league at best and outright ridiculous at worst.

So landlords are moving on up to the big leagues as you would say. 

In case mortgage rates go up, some of the previous excess appreciation (compared to the long term rate of 1%) may have to be forfeited (While nominal depreciation is unlikely because rich people do not like to sell at a loss, we may see stagnant nominal prices until affordability is reestablished).I think these two are in two different leagues.

It will include a minor league baseball stadium, commercial areas, and residential housing of 1.5 million SF.

Have been to Pickleweed park a few times with the kids and played in a league at the rec center there once (parking was so bad I swore to never sign up again).

Everyone wants to play in the major leagues without going through them minors. 

I am a full-time business owner who has been project managing in my existing business for 25+ years, so the notion of project management is comfortable to me, however, my lack of active construction  knowledge and my physical distance pose a significant concern.My local real estate agent in that market has been very helpful and is willing to help me look for contractors and he might even be able to check up on any potential projects occasionally but he won't be doing active construction management.Part of me says that I should face the challenge head on and try to locate, select and manage suitable contractors myself and learn along the way, also by reading other Bigger Pockets investor blogs and advice on how to manage contractors.The other part of me is concerned that this might be over my league at this stage, considering that I only have about 7 to 10 days to firm up the deal on these 2 potential projects, which might not be enough to do proper due diligence on contractor selection.

There is also a revitalization going on by the city and the civic league.

I don't have trouble getting financing but I'm not in this league eather.