You will hit a limit on how much you can borrow and your down payment.  

State and local laws vary and may limit how much advance funds you can collect.

I would focus more on limiting your expenses and exposure.

The occupants mentioned me, my lockbox is on the house, and the property is in the MLS because I listed it in September but then had to withdraw it.

@Josh CorbyYes, you miss the basic concept, and you did not give enough details about your setup.We have to assume that what you created was an LLC - a limited liability company, and you're the only owner ("member") of that LLC.

After having a few guests cancel at the last minute and get fully refunded (while leaving us unable to re-book the house) we changed to a much stricter cancellation policy.I would never have a non-cancellable policy, it would just be bad business.....We are currently at a 30 day limit to get a refund....haven't had any problems.

The short time on the open market limits the benefit a seller receives by agreeing to an immediate sale before the open market can determine what a home will really sell for.

I'm wrestling with the common things including limitation of time, capital, and overall limiting beliefs.

"D" level property is a ton of work and limited equity appreciation.  

Though if you are already waiting a few months, you could just make it 6 and do a regular cash-out refi, and then you wouldn't be limited to just getting your upfront costs back.