I initially made an offer on the property, slightly above half the asking price based on my numbers.

Private listing, negotiated price based in distress of the asset.

Based on my basic knowledge of it I would say that partnering with a financial advisor could potentially be a good source of lead gen. 

@Ryland Taniguchi  not quite following you on the 10 to 20 million raise to use for 15% downpayments on urban townhomes... you talking gap funding or second position to homeowners IE sub prime..HML company is a fine play... lots of competition for borrowers right now.... but you probably have that handled.... returns are not what they used to be... and you definitely need 20 mil plus to make significant money at it right now and all the risk and trouble of maintaining your investor base.. paying everyone etc etc.

Based in Michigan's beautiful Upper Peninsula and planning to invest here. 

Any normal human will fly in Monday and stay for the week, making a place near the office your primary residence based on 4 nights per 7 day week. 

Primarily based on hours worked?

Both tactics offer distinct benefits, and your decision will be based on your tastes, goals, and local market conditions.

Here are some ideas based on the obstacles and issues experienced by those making a similar transition:Financing and loan structures, valuation methods, lease structures, property management, market analysis, regulations and zoning, tenant relationships, and so on are all notable differences.Challenges: Due Diligence, Professional Guidance, Market Research, Financial Analysis, Tenant Selection, Property Management Systems, Risk Management, Networking with Other Commercial Investors, etc.Transitioning to commercial real estate can be rewarding, but it requires a different skill set and mindset.

Maybe look into DSCR loans, because those are more based on the deal you have and the income it'll produce instead of your personal income.