I might be able to set up a repayment of the 401k loan out of my savings each month. or i can set up a transfer from my savings for $1160 to my checking to making up the differences.So not sure if I should just lay out the whole 60k out of my savings and not worry about any repayment.

- https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagramHow a fully implemented asset protection layout might look. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structures

Depending on the layout and orientation of the community, there is a good chance STRs are not permitted.

Typical layout is 2 apartments with 3 beds each.

yes, I don't like their website layout. 

I grew up in a house with the same layout and I come from a large family.

Reason 130k up front.. if i rent it after a year, the best case pocket 1000 a month-- almost 11 years to recover my money..Selling it down the line.. not many people may not have 130k cash to lay out for a 1br place.

(FYI, We are trying to build a small (5 to 6 properties), high quality portfolio in the next 5 years, planning on putting 25-30% down)The investment opportunity in question is a new build, single-family home with a 3-bedroom, 2-bathroom layout, accompanied by a 2-car garage, located in the neighborhood of Wesley Chapel, FL.

You could show photos of the one that's done and provide a disclaimer that says something along the lines of 'this is not the actual unit, although the available listing has the same layout, features and furnishings.' 

Outdated layout-- this can be a big issue for rentability and resale value if the layout is jacked up and not easily fixable, especially not enough bathrooms (1 bathroom for 3 or even 4 bedrooms used to be common but nobody is going to want that now, new construction often has one per bedroom).