I don't speak for the OP, but I DO NOT have a decent amount of money saved up for down payment (everything tied up in the new practice as either family emergency fund and practice emergency fund).

I put a portion($2500) into an emergency fund and the rest is put in a separate account for the purchase of another property.

Definitely noticing that there’s an apparent “Airbnb look” that’s emerged as the STR industry has evolved.

I'll maintain a healthy line of credit or reserve fund to handle emergencies.

Emergency access requirements are generally defined to require a fire apparatus (fire truck) access road meaning paving costs have increased to support a large heavy truck.

You could use all your money to buy the property full cash, but would you have money for other things like closing costs; other emergencies that could come up and even other investment property opportunities if they come up?

Make sure you know the name and number of a backup person in case you have to enter the apartment due to the animal having some type of emergency.

I had a sewer line collapse in my duplex last fall - the old clay pipe collapsed, causing black water leakage into my basement and I called in Roto Rooter for an emergency containment and restoration since I had tenants living in one half and was actively showing the other half.

The problem is that It seems like it will take a long time to get enough money to even put in a competitive offer currently have around 10k in emergency fund and about 20k just set aside. 

Looking for emerging markets with potential for long-term growth and favorable rental yields.