I've had some hit or miss with real estate agent and some of them I won 't work with again, unless they bring me money. 

Do I need to make up for that additional missing equity to fulfill the 80% LTV? 

The Biggest missing piece from your plan is lots of light.

You didn’t have vacancy, what am I missing here

You can ask them to make sure I am not missing something.

My reasoning to sell and re-invest is that the market is red-hot right now, and I'm worried I might be missing an opportunity to get a very high return.Any guidance as I'm very new to the real estate world would be very helpful!!

If you're talking about over 8% however, plus the assignment fee for the wholesaler, what ever that is above contract price, you're likely already at minimum 10% above what the seller even asked, for on a deal under $50K- I don't follow that, but maybe I'm missing something. 

Trying to build a real estate team and a good, easily reachable lawyer is something I am missing.

What could I be missing in order to make a more informed decision? 

From those of you who have been around a bit can you take a look and see if im missing vital info or if this works.