Hi BP, A few things I'd like to comment on here and give a 100% non-biased review of.

Any thoughts/comments on the best approach for #2 is GREATLY appreciated. 

Fundamentals of real estate are those aspects taught in state approved schools for those seeking a license, that type of education is non-existent here but there are comments in forums to that you may pick up,  if you recognize them.

Here are a few recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

I am not compensated by Quest, I just highly recommend their services, as the fund commented they were the first IRA that they were ever able to consummate a deal with...

Here are a few recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

There are definitely other factors at play with your deal that I'm not experienced enough to comment on - but thought I'd chime in in the area I do know about. 

@Amanda Hoening Hey Amanda,Thanks for commenting.

I would also stay away from the unitized dryer over topload washer which GE and Maytag originally built for mobile homes.Thanks for that comment.

Im looking forward to networking with all of you and maybe even some future ventures..Im gonna follow the advice given to me on this post so feel free to keep commenting and send anyone my way thats willing to work with a newbie full of motivation!!