Close and get paid.As a side note @Ethan Johnson, whenever you put out bandit signs, since most cities forbid them and will fine you, always use a burner number or a Google voice number to ring to your cell phone.

You have a $1.75M debt only providing $32k of return.If you can get out exactly at 5 years, for what the homes are currently appraised for, you will have a nice time, a fat $350k paycheck.

So if you take this route the cost is minimalUntil that sludge clogs the burner fuel apertures ... then you have the expense to get the system cleaned.

I have seen it before.The answer would be a big fat NO.I specialize in sales and don't do property management.Wouldn't you want a specialist instead of a generalist??

-Any fat in the T12, like paying for a full time maintenance man, bill back H2O and the like?

And when you close the deal at the title company and get a fat check!! 

Ask yourself this; would you like your "tenant" to come knocking on your door during a Easter or Christmas dinner to tell you they're toilet is backed up, heater isn't working, hot water doesn't come, burner on stove is out, etc?

I'm afraid that I wont be able to make the deal happen in two years if my money is tied up in another deal somehow or someway.My wife and I could use the two years to save up for a massive reserve fund(for both properties) for ease of mind in those two years.I also don't want to wait 2 long years and feel like I'm putting my "goals" on the back burner...Thoughts?

Keep it on the back burner. 

I have put my investing plans on the back burner for several years and now I have the time to do it, I just don’t have the W-2 and a steady income that I had years ago.