I was hoping to get some feedback on my numbers since I don't live in that area and don't know the market up there.  

IMO if you absolutely positively have to play in sub$50K, buy a well-vetted 8+ unit (preferably 50+) multifamily property that is $50K per door and bring in professional property managers.

If it's to your buyer,  then you can only represent his position, that being that he would like to extend the contract and close on the house.

Also, given your high level of income, I'd posit you don't want to buy a business.

Thanks for all your feedback.

I would shy away from using student loans, there's usually wording in them that specifies what the money can go towards, and you would be borrowing money in order to borrow money, that is a very leveraged position.

When that position is "in house" it's easier to train them to produce the results we expect with a partial re-paint.

I am super excited to be pursuing my dream in the real estate world and I look forward to connecting with all of you and bring value to your businesses.Would love to hear some feedback from you guys on the questions below:-Do you hire an interior designer to work with your GC throughout the project, or do you as the investor fulfill this role?

I currently live in New Hampshire, and have one cash-flow positive duplex- which I scrimped and saved years for while building credit.

I know every tenant has to have a first rental at some point, but good people 99% of the time have good family willing to help them out to get that start.My point was more-so that if the PM and landlord agree on qualifications (which should be driven by the experience of the PM and their market knowledge), then the landlord is in no position to blame the PM if the tenant goes sour - we can't control the tenant's life, only mitigate the risk/damages.