It also gave me the chance to experiment with short-term rentals before transitioning to a long-term hold, reinforcing my strategy for growing a real estate portfolio.

I have 1 partner who provides up to 75% of the down payment, however, my goal has always been to live below my means, save money, and invest the saved money as a downpayment. 

Every market will vary due to labor costs. 

The seller wanted to get 300k.

I say this because your opening post was like walking up to a buffet and asking the chef if you should have pizza, sushi, ice cream, scallion pancake, spare ribs, or peanut butter and jelly.

If I had to leave a takeaway from this post before getting too far in it would be that whatever goals are had you have, we have these goals for a reason and typically it does not go exactly as planned but even if it doesn't go as planned, we can pick up where we left off and give it a fresh start.

I’d say if you did 2 or 3 smaller MF deals on your own and they went well, I’d say you are qualified to raise capital to buy properties similar to what you have already bought yourself.2 or 3 smaller MF deals does NOT qualify you to raise capital and buy 150 unit deal.I believe in step by step progress slowly and consistently working up the ladder towards bigger deals.

Investment property (not primary residence) It's the industry standard if you're not going to live there.

I informed them that their contract states they are expected to pay up until the end of the agreement regardless of living their or not. 

Looking for feedback on an approach to help grow my hospitality portfolio.