Neither is a right or wrong strategy but you need to weigh out how each strategy fits your lifestyle and goals.An Airbnb may stretch your profits but comes with higher vacancy risks, higher overhead/operational costs, but most importantly will likely take more of your time.A traditional rental may yield a slightly lower return when comparing one property vs one property, but also may be less time intensive and may scale better (particularly if you outsource the property management).

You don't want to stretch your finances too thin or put it all in one place. 

Here in Calif that's not a big deal for a commute into work, but not sure how far of a stretch that is for residents in HSV.• Do any of you have rentals in these outskirt areas?

The seller had said he would be looking for a little more than he owed which I think would be a stretch unless it is turnkey.

Focus on the positive changes you can make based on your experience.You have to re-train your brain here, which takes practice: whenever you sense a negative thought percolating, you need to change it to a more solution-focused question in the present & future.For example, instead of typing "I regret not sharing with the coinvestors who turned out to be able to finagle extra income to pay for ground-up two units", try "How can I better understand my coinvestors' preferred and stretch budget limits?" 

Now if you're stretching your numbers (which you say you are not), then you should be doubly careful about where in the cycle you are

I believe, that will stretch the 300k the furthest. 

We buy, fix, and flip.While attending our local meetings in KC might be a stretch from Manhattan, if you are in KC on the 2nd Tuesday of the month join us at MAREI in Overland Park. 

My loans were stretched 30 years (to attack the higher interest rates), but my monthly is payment is $1000 and my monthly gross is $3750. 

If you are in it for the long run, do your due diligence, don’t stretch yourself further than your comfort level and go for it.