I realize that I will lose out on a lot of potential gains that the turnkey company capitalizes on, but weighing that against the time factor which I don't have a ton of.Thoughts on going with new construction?

I raised the rent on the under market month to month tenants knowing that in the process i would lose at least one low paying tenant.

The amount of money that you "lose" during that time is usually minimal and chasing after it isn't worth the stress that it causes.  

The most obvious is you personally are held responsible then you lose the llc’s properties and your own.

Investors who don't know when to pivot or who don't have back-up plans usually lose.

One of my best friends has a lodge on a north facing slope with a super steep driveway and has had people stranded for multiple days due to the road situation in addition to losing power at the same time. 

If you do not sell it within 3 years after your 24 months of occupancy you lose any tax benefit. 

Cons: interest payments on amount used, market fluctuations (if things go south), losing slight bit of leverage, not quite as liquid (but easy availability right now)

Some wholesalers may take advantage of a new investor and if you back out of the deal with one, you will likely lose your earnest money deposit, usually $5K.Because the FIRST investment deal is so crucial (if it goes well you will most definitely continue your REI journey, if it goes badly you may never want to buy another investment property) I suggest that you first spend a good amount of time (3-6 months or even longer) to educate yourself on how to become a successful real estate investor in the particular niche (house hack, BRRRR, single family, multi-family, wholesale, flip…) that you will pursue. 

If I might lose my job soon, would it be smart to lock in at least a line of credit before I won't be able to qualify anymore?