Does society condition the average american to have a phobia of risk and buy before we earn?

My goal is to replace my income with rental income ASAP.Property #1 Conservative value (based on others on the same street that have sold) $119,000Loan amount $59,000Rent $950 = cash flow $200 monthlyProperty #2Value $59,000Loan amount $39,000Rent $750 = cash flow $200 monthlyProperty #3Value $56,000Loan amount $40,400Rent $700 = cash flow $200 monthlyPersonal homeValue $489,000Loan amount $380,000 (wife says absolutely no to taking out any equity from our primary residence)We bought our rental properties the old fashion way (slow) of saving a down payment and getting a 30 year note.My question is, would it be best to sell property #1 1031 it into a property that would need some rehab then cash out refi and keep it going OR would it be better to use hard money along with unsecured loans to buy a property then cash out refi.

There's another turnkey provider in Dallas I spoke with named American real estate investments. 

Fashion & Retail: 326.

I don't know squat about Canadian mortgages, so take this with a grain of salt.If you write a contract stating that it's a $100k property and the seller is kicking back $20k towards you (as a credit, as a loan, or in some other fashion), that means the real sales price of the home is $80k and you're asking to be 100% financed with 0% down.

This has been my plan for a while now, same price as white and looks less old fashioned.  

Their PQF said Sun American Mortgage.  

That's what they told me at least, still mostly paperwork, God Bless American bureaucracy.

Aloha everyone, I'm an American.

This way you can lease option your house with a hefty down payment plus cool monthly positive cashflow to someone who has the dough (Intel workers are coming) but can't get a loan (49% of Americans can't).