It is hard for me to make this decision just based on the potential numbers because I have an emotional attachment to it but I am looking for an objective view from someone who has a different perspective then I do at the moment.

Lastly, be objective with any deal.

Then you'd multiply the total by 1% to achieve a $2,100 minimum monthly payment.If you're looking to buy an investment property, the 1% rule can help you identify the ideal property to meet your financial objectives.

Long term or STR objectives?

Your deal parameters are ideally suited for using HML or a private lender, since your objective is short term, and your exit financing is a clear and effective path. 

Are you putting out a large quantity of fluff posts to help people, or are you trying to build a "brand" to sell them stuff?

My objective was to Run the brrr… but since that has changed I’m having to sell. 

This was a list I used recently for a 2x1 using Ikea furniture, not comprehensive but a start: Item Price Quantity Total Queen Duvet Covers 23.99 2 47.98 Queen Mattress 314.95 2 629.9 Queen bed frames 156.14 2 312.28 Queen Sheet set 32.97 4 131.88 Queen Mattress Cover 15.99 2 31.98 Queen & Full Quilts 19.99 4 79.96 Full Bunk bed frame 269.97 1 269.97 Full mattresses 138.63 2 277.26 Full Sheet Set 35.97 4 143.88 Full Mattress Cover 16.99 2 33.98 Set of 6 bath towels 21.24 3 63.72 Set of 6 towels - 2x2x2 26.99 2 53.98 Kitchen Towels 16.99 1 16.99 Sound machine 21.99 2 43.98

I'm a former VP of a bank so I understand the advantages and disadvantages of both options, but it will really come down to matching financing with strategy.This is where I'm struggling more: is it better to utilize the "lump sum" equity and buy a better home in a "better" market (our families live in Denver and we know Scottsdale fairly well, but our $800K is more likely to result in 1 or 2 down payments vs a cash purchase) or split the $800K into smaller chunks and investigate a higher volume strategy in a smaller market where our cash goes further (cash purchases and refinances or multi-families).Would appreciate thoughts/experiences the community may have with "quantity vs quality"

@Elvia Morales, everyones situation is different and everyone's objectives may be different.