•Located near to emerging Software SEZ and education hub (15 collages will be operation in coming 5-6 yrs).

Aime,I actually prefer being a landlord for the recurring income stream.

There is a very active REIA in Hagerstown (Hub City REIA) that has some people from MoCo and Frederick that attend.

Any recommendations on funding streams?

Commercial deals take longer than residential so you can starve between closings with no small stream of income in between.

My initial goal is to create an additional income stream since my wife stays at home and want some protection in case I have employment issues/laid off.

They are usually the center of the non-profit hub of services, a good place to start. :)

I have thus starting looking into creating an additional income stream from real estate as being a better alternative.

Leaving the cash in the project still wouldn't be a bad return, but it's much prettier to cash out 60% and have no money in the deal with an income stream and a 40% equity stake.

If I purchase and rehab a property for $60k and it appraises for $100k one would think I shouldn't have a problem obtaining a conventional loan on it or do I need financially qualify to cover each conventional loan regardless of the properties income stream?