You can play around with a typical amort. pay down in that time period and then plug in a higher interest rate to see what you could do to stay at the same cash flow.

And I will be doing a 1031 Exchange.A wrinkle came up where I could carry the note for half down at 7%, which would give me $35k to play with and $203/month cash flow (which is what I want from a property anyway). 

2- I've read a lot about turnkey companies, but i'm uncomfortable with how they lump together their broker, lender, property manager, etc and they all play on the same team, with interest in not necessarily getting you the best deal, but primarily in making a sale (at a premium rate).

@Oscar FreimanYou play a very dangerous game when you take cash from your IRA.

Which played a part in my constantly adapting to the market, and looking at alternate strategies instead of giving up after not finding the type of property I had in mind.

Would it be wise to do a simple knock on the door and try see if the people occupying the house are tenants to the bank paying rent or if they are the previous owners playing hard ball.

Most would agree that, barring any contradictory information, holding a property for a year is appropriate to demonstrate that intent.The timelines come into play when you start an exchange.  

Playing with debt and short term, high IRR equity deals is somewhat of a game of musical chairs.  

Some play market.

That is where BP will come into play.