We can figure out a transition plan.

As you already figured out paying $50k for a $58K property will not work as a wholesale deal.I give you props for 1) doing something 2) seeking the advice of others on if the purchase would work.  

Can you figure out if you can get them out affordably or will they be a hassle.

Some of my money, some financing, father is the GC (which makes the full-gut across the continent not as scary a risk as it sounds).Spent two months wondering why no one would take our money for a house, once we figured out what worked, we suddenly realized we needed to think a little bigger (was doing it all my cash, now I'm good with some leverage).I've got a nice w2 that I'd love to dump for half the salary, if I could generate it, but I'm thinking that might be many years from now.Anyways, I'm heading to Atlanta Wednesday morning through Sunday morning. 

also fun fact: i accidentally got banned from being able to send direct messages..have not figured out how to contact an admin about that yet!

Due to my many goals it does become a bit overwhelming trying to figure out which project to pursue first. 

They will figure it out.

Goes along with stress right now in trying to figure out how to structure my Very First Project.

He has figured out how to invest and capitalized on his time to give himself the ability to build a lifestyle that lets him travel.I don't want to share his entire story and say anything wrong.  

It might weight one location above another if it's already on your list of possibilities for other reasons, but it wouldn't be a determining factor in any way for me.Really, you can do real estate anywhere in some shape or form, so you can move where you want and figure out how to make real estate work there, or move where you want and figure out how to make real estate work for you "long distance".