@Mike Griffin always an interesting debate!

There is some debate as to whether this is the best choice, but the large majority feels it is.First, there is a relatively large up front cost, but then repairs, maintenance, etc. are minimal and easy.

You can certainly debate that the tenant is paying down the principle and that you get to depreciate and get tax benefits, however you can still get all of those things by buying in a market that makes sense. 

I dont feel like debating this. 

FHA will finance a multi-family purchase (not debatable); but you'll be hard pressed to find a lender who will do FHA on a construction perm. 

I’m moving back to FL for a few years and have been debating moving the portfolio inland toward areas of Orlando.

However, I have been debating multiple options.

I plan to do another 30 year refi on my primary residence and walk away with slightly smaller monthly payment, but using the cash-out of $168k as purchase capital.I know there is a debate regarding buying an investment property in full vs buying properties with leverage, but I'm having trouble pinpointing a good place to work out pros/cons on which avenue to pursue.A) What pros/cons do you know of to buying one property in full to obtain a higher monthly cash flow?

I've started debating internally the future of an auto retail in light of Amazon selling auto parts, but that is likely a problem that will surface 5-10 years from now.  

^^^This is where I wanted the replies and debate to go.