Unfortunately, this is my max budget, and I wouldn't be able to go above this amount at all. 

I wish you luck with this endeavor! 

Would love to hear your thoughts on this scenario. 

Bridging a funding gap in situations like this can be challenging, but there are several strategies you might consider:Bridge Loans: Short-term bridge loans can provide immediate capital to cover the funding gap until your other funds become available.

I put an offer in on the rental I currently occupy, but came in under where my landlord (and 1 partner in this property) were looking at to even entertain giving up a cash flowing property. - He bought this 4br/2ba for 285k put 20k +/- in and I rent for 2700.

You want a short term rental policy like @Garrett Brown listed.Regarding the 1m liability, we have 2m and a 5m umbrella.Now this is going to depend on where your STR is.

I have wholesaled properties like this in the past, but I'd like to keep this one for myself if possible. 

I have this plan where I first start out with a duplex , Rent 1 live in one for a year move back in with my parents and then leverage off that duplex to get another property right away.

You can click on the magnifying glass in the upper corner and research previous times this has  been asked and answered.

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