My main focus is just wondering which might make more profit on the short and long term you know as In monthly income and Also over all winnings .

@Mike Ackley there's a lot of personal choice in that line of thought but I think I can advance the ball a little. 

There is a lot of dependence on appreciation rather than cash-flow.The main things I would consider if this was my deal would be: How long do I plan on owning, what exit strategies do I have in the even I need to sell before that? 

The main item is sure up your refinance monies with a bank based on loan amounts, your qualifications & etc.Depending on the amount of rehab depends on your power team above.Everyone gets checked out.Would suggest attending some reliable investment groups with good educational subjects not ones selling there packages.Diversified Investors Group and HAPCO are the most reliable in Philadelphia to attend.Let me know if you have any questions.RegardsJoe

However, make sure you're comfortable with the city zoning laws because ideally you'd be able to rent both the basement and main floor once you move out. 

Summer Timms you’ve got two main options both of which I’ve done.1.

@Jay BedsworthA Solo 401k is generally a better choice than an IRA as long as you are eligible.

The anticipated appreciation is the main driver in a rental-purchase-hold there. 

Perhaps buying from a wholesaler isn't the best choice for your first property.

Mainly learned my local LA market through trial and error, and now know the price points and zip codes of my market and whats good and what is not.