My understanding is you get a slightly better cash on cash return with a mortgage, but I don't see the point in taking on the extra interest right now when I don't have to.

I have my intake appointment in a few months. 

For example I am LP in a fund that is very diversified (storage units, MF, Mobile homes, etc), a fund that specializes in taking garages and converting them to ADUs in MF, and a fund that includes a marijuana cultivation and retail store in NM.  

I am interested in taking a partner in on the deal, and I'm willing to take a smaller piece of the pie for birddogging, but I see this a major long term income with monthly profits exceeding $500 after NOE.  

A home is a lot of work to maintain and a huge responsibility that many simply are not interested in taking on.

So I'd think your decision on which of those to do would need to be based on figuring out how much time, effort, capital, and risk you are interested in taking on.I've always gone the turnkey route...

I believe you can get some solid information here on BP, just a word of caution, in taking what you see posted on here 100% truthful or legit.

So I looked for second opinion but none of the contractors I spoke to were interested in taking a look without charging me up front about $350 dollars for the visit.

Anyways, I am curious if anyone would be interested in taking a Saturday morning and showing me what they look for in a property.

Comp rents are around $1,100 and I think the seller may be interested in taking $110k-$120k.