You also have to look at your own War chest of money and make sure you can roll with the worst of the punches that could happen.

NC and SC have some great markets for short term rentals and you would definitely increase your wealth by splitting the money and buying multiple properties.

Alternatively, if something were to arise in our life (emergency or otherwise) while this money was tied up in an investment, we're left with few good options. 2) Time is not something I have much of.

For an experienced investor you may put as low as 10% down on a hard money loan, with a handful doing 100% financing. 

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

If this tenant doesn't move out, I risk postponing the close date, and losing money on the mortgage every month this situation drags on.

We have used over a million dollars from investors in the past for individual deals, but ever since launching the fund it has become extremely hard to raise money compared to past deals, but we changed our terms to be more favorable to the LP’s. 

-Finding private money:  If you can find a very good deal then connect with a family member or friend that could lend you what you need for a hard money loan or to lend you the full amount.

Mini-splits look better than window units, too.Just because you like mini splits doesn't mean they're going to make you anymore money if you invest in them.

Was an REO property that I bought with private money for 300k.