Just depends on what you want to do. there are other investments other than rentals you could certainly go into private lending and that 400k which would be pretty liquid could easily earn you and additional 40k a year and as I said far more liquid than a rental .. but you do not have any write offs. 

I am telling you this based on experience, it can easily make your life hell for 6+ months.

If they are professional, they can explain this quickly and easily.

I don't have enough cash to outright buy but a loan should be easily affordable since I plan on renting it out to pay that off.

Because later, you can easily use it as your mailing list!

You haven't seen a lot talked about in regard to seller financing for many years as interest rates have been dropping and  buyers could easily get loans.

An expected project of $50K can easily turn into a cost of $75K. 

If you are aggressive and know what you're doing, you could easily get 100 rentals under management within a year.An easy option is to read books like "Every Landlord's Legal Guide" by NOLO or Brandon Turner's book "Managing Rental Properties" to get a better understanding of what it's like.

If they are professional, they can explain this quickly and easily.

If they are professional, they can explain this quickly and easily.