There are also HML's who are looking for capital and they can manage it as Account Closed would be an excellent source to help you find cash flowing rentals in the area.

The home sits on a hill, and the home is sliding off.

It’s an excellent place to start, and can answer many of your questions.

BP has income calculators and there are others out there, personally I use an excel template which calculates cap rate and cash-on-cash return among other metrics.

My credit is excellent, I have a full time job, and I have lots of extra time to learn and put in work. 

Credit scores are excellent and we have sufficient funds for down-payment for either scenario, however we would rather not tie up our cash in down-payments so we can continue to make more purchases. 

So if you do your books - you should factor that in.If you only have 1-2 properties - you may find it easy to do them in google sheets or excel.

The complaints thus far have been primarily around lack of storage; although, each of the bedrooms has a closet with a sliding door, one shelf and a hanging bar.

The return on what you paid for it is excellent.

Asking $259K  in a very popular area excellent location .