I think many can be easily overcome like finding an attorney and contractors in the area, but the most interesting challenge I can think of is how to hire someone to deliver late payment notices one day a month.

Seller would like bigger home, which I have.

Well I can say i question who and how accurate the appraisal  is because  they can not go in side the property, that would be trespassing. 

Would like to keep the property for down the road, but realizing I might be better off to get a place in town with more space and try to turn this place into an investment property for the time being instead.

Given size and likely complexity of this type of building, I would imagine you are looking at close to $100k.  

I am happy to conenct as well and help where I can!

I will have enough reserves to cover the holding costs as well as some left over as emergency funds for the property.

I would like to be able to use depreciation with the tax year coming to an end.

@Heidi Kenefick ok I sent you a DM / connection as well

I think it takes something like 22 years to pay it off 50%!