Also, we could use the extra cash flow to save for our next down payment for our next property.With respect to finding financing options for our first property, does anybody suggest a specific route to go?  

We will give you the extra dollar!!

Of course the better scenario if I get more than one under contract is give another flipper the deal...either make a little bit of extra on bringing them a good deal...or just hand it off as part of investing in good relationships. 

Getting an extra few bucks doesn't really give me an incentive to give you the lead before it goes to market when I have a guy that closes everything I bring him. 

I work with timber with my dad on the side which in 2014 brought in a extra $42,000.

Extra important with the long distance involved.

At $9k/year savings, that's an extra $45k that goes to paying down your principal in 5 years. 

The house is a 3 bedroom 1 bath, as well as a loft and an extra large yard.

Calculate how much extra this tenant's habit is costing you and factor it into the rent or add an extra charge for excess utility use.

All of my current properties have 12 years of a 15 year note left so I will need to make extra payments to meet my goal.