I would suggest either going with an FHA loan or 5-10% down loan.

Can you pay off a higher interest/lower balance note first eliminating a payment.If growth is your goal then it doesn't make sense to pay down any mortgage that is cash flowing unless the local market suggests this might change.

One other thing to add- I would highly suggest making a rental verification part of your process.

Going the turnkey route made the most sense since we already had jobs and wanted a passive income, not another job.

Our personal tastes lean more towards Reunion, but everything you read or hear about Championsgate suggests that calendars fill fast, high occupancy can be expected, and values stretch further in that development.

High income W-2 ($400k+) earner and would like to keep my job.2.

 - If you have further questions, suggest we sidebar.  

Any construction will come with LOTS of permits.I don't know SLT market, it's CA and im in NV, but I've helped more than one person sell in Incline and buy in Reno because the numbers work better for them.I suggest you look into property taxes, and tenant protections of NV vs CA. 

If you are continuing to pursue this, I’d suggest having an attorney experienced in environmental issues assist you in the negotiation and due diligence.

-Visibility - corner locations or offices with prominent signage might attract more buyers.I would suggest walking the buildings to get a better feel of the properties.