Of course, the more the better off you will be.

The tenant also say that they requested time off work to move and have delivery the first few days. 

If you aren't paying off the existing $25k, are you going to "subject to" it?

Your better off shopping the MLS and making offers than using NW. 

In my experience, if you don't have that edge, you will likely struggle at active investing and you are better off in syndications.

I put too much into renovations because of the classic found a bad contractor story, so had to get another contractor out, and after 9 months holding cost and about $60K in repairs, $3K in appliances, I got the place rented. ( I also refinanced and was able to get about 133K out, which I paid off my HELOC and credit cards I used to pay for all the renovations and PP). 

Have you considered starting off with a primary and house hacking?

If your looking to generate off market distressed seller leads, then I would look into Investor Carrot. 

I am trying to find off market retail commercial deals.

Once construction is completed and townhouses are sold I will pay off the seller I financed the land from.Is this feasible?