Seems doable and easier than paying a large private money operation 2 points, 6% and a 5-4-3-2-1% early termination fee. 

There are some great options and no money down is very doable here.

CA (San Diego in particular) can be tricky but its definitely doable.

80% should be doable... assuming everything else looks good.

Doable?

The closer we get to $2MM, doable but there probably needs to be some sacrifice on the lifestyle side. 

So, you would need to ensure the new payment is doable without the support of investment income.Example: Value of the Sarasota home is $600,000 and you all agree to a purchase of $300,000.

Since there's nothing I can do about that type of risk, I'll focus on what I CAN influence.Diversifying geographically and amongst asset classesOffering multiple investment opportunities with differing strategiesEncouraging investors to invest in multiple offerings instead of putting their entire allocation into one (and to invest with other sponsors too)Understanding that risk increases when I stray further from my core competencies, which means I need to bring in expertise or take the risk myself with my own funds before accepting investor fundsRecognize that properties have flaws, and don't ignore them to make the deal work...if the flaws make the deal un-doable, don't do the dealWatch economic indicators to seek clues to future market conditions and react before everyone else figures out what is going onExercise discipline, don't get caught up in bidding wars that put your successful execution at riskDon't accept unsuitable investors--they must be utilizing risk capital.  

It is very doable depending on your market.

@Johnna LodgeNot to dispute what you said are 100% true & doable if you are local.in my case & @Jean Paul Rousseau , we are lucky to have the whole process  complete in 45 days after the lawyer represents the property management company get the writ of possession.