What is this? (Paint related)

Orange peel, happens alot. Yes wet sanding will fix it. Youll need to wet sand and buff several times to smooth that out. Youll use everything from 800 all the way to 3000 grit working from coarse to fine and using good buffing compund. Id take it and have it done at a shop because its really easy to cut through the paint while sanding or burn it with the buffer. Plus its a pain in thr butt and will take several days to do properly