My out of pocket limits I set for myself were 1500 since that is what Im paying now.

I'd love to meet you face-to-face but want to warn you I have a very limited schedule in the coming weeks. 

As I'm sure you're well aware at this point, Asheville city limits is mostly a no-go when it comes to STR.

This limits my options somewhat, but I am exploring long distance investing and team building.

Please correct me if I am missing some line items here, but here are the working numbers for the property:+ Gross Rental Income: $150,000- Cleaning Fees: ($21,600)- Management Fees:  ($19,260)- Property Taxes: ($3,700)- Insurance: ($2,400)- Trash & Local Tax: ($650)- Utilities: ($7,200)- Pest Control ($560)- Supplies/Maintenance: ($1200)- Acct/Legal: ($1500)TOTAL EXPENSES = ($58,070)Net Operating Income = $91,930---Based on my limited understanding of the local CAP rates for similar properties in Philadelphia, PA 19106 it looks like 5-6% is a realistic number. 

I have no problem working and stepping out of my way but (and please correct me if I’m too naive) I feel like having a job on top of school and covering multiple sources of income would limit my time on working towards those goals and studying the material.

You are probably very limited as to what you can do in an industrial park.

Keep in mind that you will have to bridge a limited relationship with the park manager and let them know that you are a family friend helping the seller to sell the property.

Has anyone heard of such a limitation on selling a house post BK. 

You can change states too, but with some limitations.