I've not yet done the math to determine which strategy would save me more money, but the big cons of this areNo primary residence, therefore slightly higher interest rates, 20 - 25% down (but depending on the market, this may very well be equivalent to 3.5 - 5% down in LA).Depends on the quality of tenant screening, but it's probably safer to assume that they won't take as great care of the property as I would.Probably need a property manager, professional or tenant.Either strategy seems to net me the same cost around $1,500 monthly, but I'm biased towards Los Angeles as I can rent to friends which solves a lot of the tenant/landlord issues.I'm not looking for anyone to give me all the answers but would appreciate any insight, food for thought, and constructive criticism. 

Also, if you guys plan to do this more and more, try electing to be taxed as S-corp to save almost 15% tax on your profit. 

I have money saved but do not have enough to buy in cash. 

I have plenty of wealth in investment accounts to cover the purchase, but I'm trying to maximize my passive income, so I'd like to leverage a mortgage using my current income to pay for as much of the property as a I can.

Want to save money on that and your other office supplies my contact info is below.ATTORNEYS: You need to have an attorney represent your business entity in all court actions.

I'm currently in the process of saving up for a down-payment on my first REI property, while educating myself about REI & developing relationships to help get me there. 

The cons are that the interest rates for these deals are significantly higher than the conventional mortgage loans (1-2 percent higher) which cuts into returns.Option 3) Save a larger chunk of investment cash for the down payment on a multi-family (small apartment complex) property.  

B probably goes either way.Sidebar, for an airbnb I opted to install a gas tankless, in order to save energy when the property is vacant. 

I tend to ask a lot of questions, so someone that doesn't mind explaining things to me and helping me save the most I can would be incredible!

I tend to ask a lot of questions, so someone that doesn't mind explaining things to me and helping me save the most I can would be incredible!