I am not looking for a ‘fad’ or something that is cool and easy.

Anyway given the huge amount of supply coming up in the area, you can’t afford a bad location or « bad » property if you want to get rented on a sustainable basis in my humble opinion.I would only get something like that if I wanted to use the property for myself only and want to be on the middle of nowhere.Hope this helps and sorry if I involuntarily poop the party but, at the risk of repeating myself from previous posts you can’t expect to buy by anything in Tulum and make or not lose money.

Basically I need something that's the best of both worlds since I have 0 build experience but also don't have the huge up front down payment of over $150k for the build.

Maybe if you have big vacancy or have an odd building that rents at lower rates or your leases covers all expenses vs NNN or something like that, maybe you can fight for lower value....but my guess if for most industrial/warehouse investors, 2023 and maybe even 2024 are going to be tough years to fight in DFW. 

If I did something like that, would I need to make payments along the way, or could those be folded back into the loan?    

With that said, it doesn't me it can't be something that the right person wouldn't be able to take care of.

I am aware it will have to be secured, however I’m looking for a card that has good benefits or can set me up for something bigger in the future.

What I suggest you do is something I recommend to most newbies, especially young men.  

Either with the cohosting route that @Manny Vasquez mentioned or doing something like rental arbitrage.

Taking and retaining a copy is something else entirely.