We put 100% of the purchase price per the contract into escrow 2 days before closing.5.

To add to @Ashish Acharya, I would recommend using your retirement funds for notes that earn a nice interest rate, if you're into self directing.Given that you want to purchase a short term rental, I'd highly recommend not doing this within an IRA/401k. 

There are some markets that you may be able to make a purchase with what you have available. 

I was wondering if anyone knew how I can connect with or market to investors who specifically purchase land/ lots? 

Purchase price: $150,000 Cash invested: $60,000 Rented it for $2195.

They have never purchased a house themselves or flipped a property, but they look great on Instagram/Youtube and here in Bigger pockets, too.

I see people purchasing new STR's here and others dumping their properties or converting into LTR's. 

Purchase price: $161,000 Renovating now What made you interested in investing in this type of deal?

I have met and spoke to several people that have joined Brads group and purchased and sold several deals because of it.

I look to achieve the 1% rule when purchasing although in the current market it’s not a guarantee of cash flow.