I have been heavily researching this topic and I have laid out the steps to make it possible for me to use this a great advantage!

What is my next step of action in this aside from the appraisal?

I'm hoping someone that's started from scratch can help me with the first steps of getting going. 

Hey BP! My name is Tim and I am new to this community.I am looking at getting into investing with either a focus on fix & flips to either rent or sell (depends on the property.) I've done a bit of rehab work over ...

If they don't pay (which they have already said they will not pay a dollar), what are the next steps? 

The next step would be to check out your local real estate investment club.

I was hoping to find good book recommendations to assist me during this initial learning phase, along with any advice that you may have for someone that is only just starting.

Ok, well, I'm still making an offer based upon the income I'll be stepping into.

Wherever I decide to initially invest I plan on building a solid team before making any purchases.

Forming (either) an LLC, or C-Corp will give you protections you don’t get as an “unincorporated” person doing business;2) Forming your entity (LLC, or C-Corp) is just the first step.