@Britney RossNot worth it

Question #1: probably worth it.Question #2: Definitely yes. 

If this property were to make $225k without the additions based on its size and location, would it be worth it given the capital cost?

In some cases, the juice isn't worth the squeeze; this sounds like it might fall in that category. 

Today it’s worth $285,000.

Sent a request to connect.

It might be worth consulting with a local real estate expert in each area to get more nuanced insights.Given your budget, you could potentially diversify by allocating a portion to each location.

Seeking to grow net worth and cash flow in the next 6 years.

Like I said in another response to this thread a really good TC will have a hand full of top producer be worth their weight in gold and make a VERY nice living for an in home job that comes to you with little to no over head.. 

To determine which loan offers the greatest deal for your investment, compare interest rates, periods, and down payment requirements from many lenders.Networking and Support: Connect with local real estate agents, investors, and property managers in the Portland area who can provide guidance, advice, and support throughout your investment journey.