Last year my best deal came from calling the tax delinquent list.

Your loan will be $1,100 a month, add insurance and property tax.

Some thoughts to consider:If you sell now, you are unlikely to pay capital gains taxes as your first 250k (500k if married and filling jointly) aren't reported.Doing your first rental remotely is undesirable without 1.)

I have also been doing quite a bit of research on Loan's, tax consequences etc., and am working towards being a expert in this niche.  

That's 50k a year gone and you are losing tax write-offs and equity potential.

Someone can be a brilliant tax person but horrible to work with, and also vice versa. 

I truly think I only need 4 more houses to hit my goal and then shift from buying to paying them off.I am not sure if I am thinking about this the right way and I am sure there are things I am not thinking about but below are my thoughts:Pros - I can purchase the houses I need to hit my goal faster - With getting homes fasters the depreciation, tax benefits, amortization, appreciation, rent increases all start sooner - Home prices on average should be lower now then if I buy in 4-5 years - I can take better advantage of leverageCons - I have more risk until I pay the properties off - Less upfront cashflow - Longer timeframe to acquire the properties to reach my goalIf anyone has any opinions or advice I'd love to hear it.

You mentioned gross rents of $3400 per month and Principle/Interest/Tax/Insurance of $2500 per month. 

There may be tax implications to that maneuver, so check with a CPA.

No matter the number of units, there is one roof, one property tax bill, one sewer line, one gardener bill, etc. 3.