Prior to that i worked as a server at a restaurant.

The location is near by Lehigh Valley Mall, Supermarket and restaurant, these are walking distance. 

The overall character of the area is definitely a large factor as it will determine the type of tenants living there/demographics: Yoga/Orange Theory studios, Whole Foods, Starbucks, micro breweries, wine and cheese shops, public parks, bike paths, green spaces, public transportation, good schools, nice restaurants, cranes/new construction, low crime rate, high prices all indicate a Class A area whereas boarded up buildings, lots of Payday lenders/check cashing stores, dollar stores, fast food, liquor stores, homeless shelters, army recruiting centers, addiction recovery centers, industrial areas, dumps, shoes hanging from power lines, junked cars lining the streets, high crime, blight, abandoned buildings, urban decay, burnt out buildings, low prices, low rent, etc. would indicate a Class D area.It's really pretty subjective though, I'm not sure there are universally accepted definitions but rather just people's opinions.

That's a little bit like asking "How much is dinner in a restaurant?"

I will soon become a manager of a new restaurant owned by my boss.

I would use the $6 mil and leverage the rest to buy 20-30 several multi-unit quick service restaurants. 

Looking for opportunities in ARV areas around 80-125K SFR.Looking to find:1) a few good Realtors experienced with the BRRRR method.2) local Memphis Lenders/Banks who’ll do 75% cash out refi’s based on value, not cost.3) Closing attorney & Title Agents who understand delayed financing for 2nd or 3rd+ deals once team is assembled & up & running smoothly.4) General Contractors familiar with buy & hold, value add projects.5) Property Managers with good communication & who you’ve had good success with long term.6) Local investors for possible partnership who have a few BRRRR’s already under their belt in Memphis, TN.7) Your favorite BBQ restaurant in Memphis areaI plan on doing a lot of repeat business & making sure the team profits with me each transaction.

These are also available at Walmart, etc. and act to keep heat from leaving windows.2) Caulking around windows and doors to help seal the air in.3) Putting plastic sheeting over louvered windows that won't crank shut, to at least restrict outside cold air flow.

Close to the airport, downtown, shops restaurants.

Whether it be bringing in a partner with more experience, getting enough knowledge to have a coherent plan together, saving some capital, etc.You wouldn't try getting a loan for a restaurant or a consulting business or whatever with no plan or experience, would you?