With that said we are paying market price for the property, but it is in a prime location and has desirable elements to it.   

The coating protects the roof from elements specially the sun which degrades roofing material so that is how it extends the life of roof.  

I'm now working completely remote for a large technology distributor as a bonafide technical sales guy/trainer.I also have a semi-successful online Etsy/Ebay store that brings in anywhere around 1.5k-3k net revenue a month.As far as Real Estate goes, I purchased my first condo in 2017 for around $95,000 and put approximately $10-15k to fix it up.

There is no denying that Capital is a key element in growing your RE business.

@Jaki Gandara In addition to the biggerpocket calculators, I highly recommend reading this book: https://www.biggerpockets.com/store/estimating-rehab-costs-ebookThe digital copy is like $17 and we help you a good bit. 

We also lend them our VIP discounts for HVAC, plumbing, etc.. as well as supply stores.

I'm not a fan of the Genuine Sortawood cabinets the big box stores sell.But I have B to B- rentals, you  might be working on something way more high end.

@Jesse BarahonaI would stay out of dry cleaning & laundry, unless it’s only a drop off storefront and you send everything out to be laundered elsewhere - I know a guy who has 4 of those in surrounding towns and he just pays another company to pick the clothes up, launder it, and either deliver it or bring it back to his stores.

These tenants do exist in the area as the new stores downtown are frequented by these crowds, but how likely are these young families to opt for a beautiful, but small home instead of a large but nice home?

Stores like this location profit between $60k to $250k+ per year.