The latter will have higher interest rates whereas the former has a 2% interest at my local credit union. 

I have an excellent credit score.

Some things to consider are: if minor maintenance is included, if they file the occupancy tax on the owners behalf, if they hire the cleaning service and if they "eat" the credit card fees or pass them onto the owner.

Legal and Management Tips: Any advice on navigating the legalities of renting out rooms in Orlando?

Something to note, if you pay cash for the house and later require access to those funds, utilizing a HELOC (Home Equity Line of Credit) allows you to retrieve that money.Secondly, the right approach for investing depends on several factors.

@Cliff Durrett  - thanks   1) family  2) friends  3) reitement account loan 4) personal loan from your bank 5) leverage a car  ( unlikely to obtain from a bank or credit union )  6) local bank / credit union 

Looking for general thought & tips.

If it will be an investment property, you can use a DSCR loan where all you need is the money for the down payment and to close and credit score depending on the factors below. 

If you're planning to buy or sell a house, here's a useful Realtor tip.

Therefore, its your balance sheet/credit worthiness combined with the real estate (banks collateral) that will be considered in extending financing, not the LLC.