Now my dilemma is this, i can go regular conventional residential loan and pull cash out and get the standard 30 year 4.75 rate and be on the safe side. the downside is i have to wait 6 months for seasoning and also after 4 mortgages, which i plan on aquiring 2 properties per year, it will be hard to find financing( i was planning on having my wife put mortgages under her name once i reach this issue but realize they also use a dti ratio for their lending criteria so it is somewhat a gamble too ).Or i can go with a portfolio lender and get a commercial loan. i wont have to wait for that seasoning period, i build a relationship with a great bank and they are creative with financing so it wont be AS hard to acquire more than 4 properties.

Currently I am working for a Health Insurance company but I don't plan to spend the rest of my life there.I am ready to start building my future. 

To find seller financed buildings, the owners have to be motivated in some sort ( retirement, bad health, etc) and you have to be able to solve their problem.  

My first dilemma is really what to start with on my first deal.

We told them we weren't raising rents at this time (that put them at ease and gained their trust & cooperation), then we inspected all the units and focused on health & safety issues and deferred maintenance.

In our area the health departmment will come out and do that.

I am concerned that any feces left behind could also cause health issues for my tenants.

I have experienced this dilemma a few times in Detroit.  

@Samuel SedoreWhile NB, NS and NF lead the country in aging populations (mostly as a result of migration), 50% workforce retirement in the next 10-years would be on the alarmist end of predictions. that would make sense I heard it through an interview  I forget the gentleman's name he was a politician from NB on CBC radio. basically predicted negative growth due to extreme rises in health care costs and lack of incoming tax moneyit was wrapped up with his grand scheme on how he can fix it :-p

My dilemma however, is figuring out the startup costs.