My original loan balance is ~$205,000. 

You might have to compromise your needs and/or the value factor and that balance is something only you can determine but as long as you go into it clear-headed, it should make sense.  

What would you do in this situation:Business: ManufacturingCommercial building valued at 2mil550k left on mortgage800k Line of credit (650k balance)Bank is demanding line of credit balance to be lower than 50%Business isn't great, we were unable to show any real profits to satisfy the bank. 

Anywhere of 10-20% of the unpaid principal balance is typical. 

lots of other variables in play here, but one way to potentially achieve win-win, maybe....

Now I'm ready to balance the time I spend with my head in books and excel with getting my hands dirty and directly making things happen.

The reports are called "The Way Finder" and the "What If Simulator" These reports will tell you what changes to your balances that you can make that will give you an immediate score bump and how much.

Hey Aaron,Good job putting yourself in position to achieve your real estate goals by starting to learn and take care of your other debt.If I understand correctly, you're suggesting acting as the landlord, where once you fix up the place, you can attain a rent higher than the expenses, and you pocket the difference?

Having goals to achieve is a great start.

Due Diligence BasicsThe purpose of due diligence is to lower risk and increase the probability of achieving the target ROI over the hold period of the investment.