The turnkey provider is describing it as an up and coming area.Any feedback would be much appreciated.

If it's something you're interested in doing yourself or hearing about, PM me and I'd be glad to share with you.So, that's my view on the matter.

One thing I would encourage you to do would be study a commercial appraisal to get a feel for how investors and lenders view commercial real estate.

@Ryan Herald  my statements are general in nature... just computing10% down equals 300k  which means  3million buy / 85 = 35k per houseand in the lending world those are viewed as low value assets.. not a negative connotation just what they are deemed in the lending world.I suspect you will be able to put this together I bet you get people private messaging you already offering to help you/good luck and glad we did not break the BP rules of engagement  :)  Ok I got to go make some money so I can afford to be an investor

ie. the way you described it seems a bit fraught to me, (but I'm only an outside observer)...

My business plan also includes buy and hold properties in the future when I've moved into doing deals with my own funding.I viewed six properties after vetting listings before finding this one.

Pictures of where we are currently, ill be posting later costs on the project so far along with projections on costs and sales priceHere are some pics from the inside(view from living room to dining and exit to patio)(reverse view into from dining room into living area and kitchen)(view of where kitchen will be)(view into living room)

From what you are describing it sound like your house is in an area known to locals at the "student ghetto", which means depending on the area could be better or worse.

But, if the IRA simply could not do the deal without access to those personal funds, then you have enabled the IRA and that could be viewed by the IRS as a benefits.  

This looks like a road (click View Map) but has been through a couple of tax deed sales and a QCD for $5k.