This alone really turned me off, we stay in hotels now and I have gotten similar feed back from other friends and family members.

To really give you good feedback on this, we’d need to know more about your goals and your current financial situation.

I would touch base with the lender and get some feedback on why they are capping the LTV.

Not only can they handle risk management, but they also excel in marketing, optimizing the guest experience (leading to positive reviews and referrals), and leveraging technology such as booking platforms and pricing tools.

Biggest thing is cash position.  

I wouldn’t come up and say I am new in the business but if someone ask me I’ll be honest, that may work for some, but not others, it who cares anyways, you won’t get everyone, you want those that will want to do business with you.I will also reiterate that even if you are brand new and some ask you, turn around to a positive, if they say “but so and so has been in the business 20 years and have done many transactions blah blah blah” you can turn it around “you know mr and mrs seller, that is a great agent with a great track record, but don’t mind my asking, they are doing so many deals a month and so and so a year, how much time do you think they would dedicate to your home?”

Nothing wrong with being an agent, but like others have said..an agent will have way more resources, credibility, for commercial real estate.If you raised money and portrayed yourself as a professional investment firm, kind of like a mini hedge fund, and networked with owners and professionals, and end up getting a deal because now you're  a real buyer with money, and you flip that property to another outfit or individual at a large mark-up..that's what I always considered wholesaling.The problem with all of this is, commercial owners are smart, commercial buyers are smart, very smart and will see through BS immediately.So a buyer may see what you're doing, but, if you got a really good deal, and it has re-positioning opportunity, value-adds, then they will buy. 

I like that you pointed out all the positives and negatives for a fair balanced post that will help other investors evaluate future options.I have been posting for a while on how hard the North Alabama market has become, and this post shows a good example of it. 

@Pranav PatelStarting your real estate journey with $50K saved and a strong income ahead is a fantastic position to be in.

I've already received some great feedback here so far, which i gratefully want to thank you all for!