We are wondering if there's any course of action for us that could salvage our pursuit of this property with our reduced ability to make an up front payment.

We refinanced $160K out of it last year to fund a BRRRR up in Fort Worth and to fund our MF pursuits in out of state markets.

I did look into splitting the parcel a while back and according to the county it would take multiple levels of approval including a panel and would be a minimum of 7 months with no guarantee so I stopped that pursuit.

So owning a townhouse vs a "townhouse style" condo, will make your life way easier in this pursuit. 

Now my entire lifestyle has shifted in pursuit of financial freedom through real estate.

“Whoever works his land will have plenty of bread, but he who follows worthless pursuits lacks sense.”

@Jon Fletcher - W2 hours do not count and, in fact, will kill your entire REPS pursuit, unless you own 5% of the company you work for.

Driven people who don't have an active purpose or pursuit tend to be miserable.

Congratulations on your pursuit.

In addition, some states allow professionals (or actually require professionals) who incorporate or use a limited partnership to use a special “professional” corp or partnership that allows them to limit their personal liability for the negligent acts of other members but any act of negligence in the pursuit of their profession (MD, DDS, or Attorney) is not protected by the limited liability entity.