Generating passive income of $1000 a month is going to require more than five houses, unless you find screaming deals.

Me I just buy the sucker and wiat it out.. get some screaming deals that way.. that kind of thing.

All of a sudden I hear him screaming and yelling.

Please keep biz cards on you too, screams seriousness and professionalism. 

Use other modes of communication such as email where a screaming kid isn't noticed.

That would be a screaming deal, I just don't believe it.3) NOO loans from a bank currently require 25-30% down.

Look up Palm Creek if you want a nice place to visit or live.

Look carefully and pick the place where you want to live.After you settle on a town, then you go out bargain hunting.I never pay full retail price, but if a house has everything I want for my own residence, it doesn't have to be as huge a bargain as it does when I am buying investments.I consider my residence to be an investment, and it will have to make money for me, but I also want to be comfortable while I live there.Around here, the really screaming deals have some sort of issue that makes them less desirable residences.

Everything you described screams hard money

Growth resulting in lots of interested visitors and investment ops