And there is a lot of appreciation potential.For someone just starting out, I'd suggest focusing on traditional long-term rentals before jumping into short-term rentals.

Or like many small in businesses you raise cash from friends family and anyone else that knows loves and trusts you.The other thing I suggest is to make that $27,000 or $37000, or $50000 yourself over the next year. 

Suggestions? 

Any suggestions on this methodology is greatly appreciated. 

As someone that over analyzes things as well, I’d suggest you step back and think about what your goals are in order to help determine what path to take.I like JD’s suggestion about reinvesting in your business.

Any other suggestions -- what about Detroit, MI?

At a minimum I'd suggest $100,000 cash.

Being out of state, I would suggest vetting your "team", meaning find an investor realtor, lender/s (hard $ / long term), property manager, contractors, etc.

What do you suggest 

Quote from @David Cherkowsky: @Russell Brazil and @Michael BaumThank you both for the suggestions.