I would think I should buy a home on the cheaper side of what I could afford to be conservative with money and lower my expenses and living below my means starting out.

We can afford the mortgage/insurance etc. while the property is vacant.Question: What should be the first priority with these funds to set my self up for success.

I mention both incomes as to me it’s a sign they can afford this and are making good financial decisions in not spending more when they could.  

Due to Covid-19 my two roommates lost their jobs and I want to move into a 1BR apartment as they will no longer be able to afford rent.

The property taxes and lack of affordable housing are two major hurdles.

But I'm looking to nab one soon - I'm in the perfect market for affordable STRs in the FL panhandle.  

I have A few people interested in lending to me but cant afford the full purchase price or rehab.

Should i go to the bank and see what i am able to afford when i am ready to make an offer on a property?

We are in a seller's market, and it's not an easy time to buy, but the economy is strong, rates are low, and people will always need a place to live.Something people might not factor in is that market rents can fall in a recession, even in mid-market affordable properties.

Imagine trying to "afford" 10 mortgages on your own.