Torn down because the area is that bad or the building had something wrong?

You must analyze all the data (size of properties, # of properties of each size, location of best producers, regulations, # building permits for that size issued in the last year)3.

Build up cash. 

I think most LLs forget about the exterior of the buildings looking good, but you're right - you want the tenant to keep things nice, give them some pride in the outside for starters....

You'd most likely have funds to do something interesting in the area and maybe build on a lot you divide with the right financing.

I bought a primary house here( new build townhome) and currently turning my basement into studio so I can rent that out short term.

Speaking as a lender (not investor) with some experience in small balance commercial lending, I can tell you that it is likely going to be tough to find financing most likely as a lot of commercial lenders tend to stay away from churches, although could be more favorable if the building is true retail/office rather than a structure built specifically in the style of a traditional church (i.e. hard to transition to other tenants if needed)

My husband and I are brand new investors. 

I am always ready to network and build long-term relationships with the goal of becoming financially independent. 

Businesses goal is profit and in the form of STVRs it is net cash flow.A STVR building/ home is not much different than a business like Walgreens triple net leasing a building.