It's not a mind-boggling salary, but it's enough, and the economical decision would be to move into a LCOL area and thrive.

I think a lot of things can be a value add depending on how they're positioned.

Normally, people open a S Corp instead of an LLC so that they can pull a salary from the S Corp and save on taxes.

the only way that would bother me is if it was a flip and it was going right back on the market then thats an issue.. if the property numbers still hit your target returns the 10k will be long forgotten 10 years from now when the property has been positive cash flow the whole time and has gone up 20 to 30% in value..

If things are orderly and generally neat, that's definitely a positive signal.

If possible, consider partnering with someone who has a higher credit score or stronger financial position.

Does it make sense to purchase a $600k home on an $85k salary?

The hardest thing in 2024 is finding cashflow though, most of the nice areas have very low COC if you can even find positive but its always better to start then never get your foot in the door

If you talk to 500  people who are in a position to buy or sell real estate each month, it is unreasonable not to have a sale. 

So far, I'm finding just as much positive as negative so I'd love chatting from a boots on the ground investor actually doing this who is not actively trying to sell something.