If it's just because you know contacts, be sure that is enough.Contacts won't make purchase prices lower, unemployment better, job diversity higher or rent growth numbers to increase.

If you like depreciating items keep the car and pay it off following what ever term you signed on. $30K should not be >1/3 of your income otherwise you bought too much car to begin with and my advice would be sell it.

I think I could build a successful portfolio there, but not one that's going generate the level of income that I want long term, so I'm thinking to start there and diversity into another more expensive market later. 

Come up with an itemized list and prices for those things. 

All of our weekly meetings we keep minutes/actionable items in evernote so that we can reference back. 

I have a diverse 28 door portfolio (everything from luxury STR's to low income LTR's), and they are all affected (although we will see what happens when rent is due on the 1st).

You separated those items like they were two different things.

You want a market with JOBS, population growth, and diverse employment.

It sounds like you have the last item incorporated in your plan. 

Just floors and paint will eat up 2/3 of that, you will still want to put in new trim, new vents maybe, and a few other minor items.