I actually bought turn key.

The key will be the tenant screening.

Here are some key criteria for evaluating a Cost Segregation provider:- Seek out a Certified Cost Segregation Professional- Consider their experience with tangible property regulations.

Networking is key, and places like Facebook groups, BiggerPockets, and REI meetups are perfect for finding active cash buyers.

Do you want to buy something more turn-key or are you open to some level of rehab (more than just new carpet and a coat of paint)?

Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.

When evaluating long-term real estate opportunities, keep in mind the four key pillars of investing:Appreciation – Focus on how your property’s value grows over time.Cash Flow – Assess your rental income after accounting for all expenses.Tax Benefits – Leverage deductions like depreciation to reduce your tax burden.Debt Pay Down – Use rental income to pay down your mortgage, steadily building equity.Think of it like investing in a 401(k) with a long-term perspective—especially in California, where property values can appreciate significantly over time.

—will be key to success!! 

There is a variable missing in your post that is the key to answering the question of which asset to leverage to purchase the asset you have in mind.

The key is finding a reputable house-moving company in your area that can handle permits, utility disconnections, and logistics.