I welcome the feedback.  

Any feedback would be greatly appreciated.  

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?