Hello Jared Schott, regarding your situation, here are some considerations and options for managing the $280,000 gap: Second Mortgage: You can seek a second mortgage or home equity loan to cover the $280,000.

Hey Scott, working as a property manager in multifamily with tax credit and conventional units, we have many cases where people have other sources of income, whether alimony, social security, etc.

Here are some steps to help you get started:Educate yourself: Learn as much as you can about real estate investing, including market analysis, property valuation, financing, and property management.

This is privately arranged property management. 

EARNEST MONEY to be deposited with licensed title company or attorney within 48 hours of acceptance by seller.

I would appreciate any guidance on managing these types of financial partnerships and navigating a dynamic, competitive market.

Hosting a meet up/virtual meet up on June 18th focusing on using virtual assistants to help with management of multiple short term and long term rentals. 

Set up camera's during showings and listen to what shoppers say Eichler was before we worried about energy use :)  in Portland there was a company knocking them off and they were called Rumers and if you stumble on a actual Rumer they will sell at a 10% premium.. they were not full blown Eichler style but close.

My last suggestion is building your team is going to be crucial for success so hire a professional property management company as well.

I'm a Realtor and Property Manager.