I travel somewhat frequently for work during the weeks so also trying to wrap my head around how to best structure for that.Anyone open to connecting and / or have any trusted people to help in the event of maintenance issues?

Looks like you're definitely headed in the right direction.

Appreciate any insights or words of caution on if I'm getting in over my head. 

Is there any advice for me that I could start doing now to get a head start on my career?

We've used LLCs by going to sunbiz.org, setting up the LLC, and then heading over to IRS.gov to get the EIN (Tax ID) number.

I have 35k in the bank currently, so I also could simply be over my head going for a deal this expensive.

There were many challenges that came about after the inspection; from outlets that were not up to code, possible water leaks above the shower head in the ceiling, water pipes from bathroom vanity was the same as kitchen sink with no shutoffs, etc.

I'm having a hard time wrapping my head around how to actually make this happen in today's world. 

It sat for a bit and the price was lowered to 46k so I toured the house and made an offer of 36k after adding up renovation cost in my head.

Even though this is a simple concept, I don't believe people can get their heads around the Market.