And, I am willing to extend my payoff timeline in lieu of acquiring more properties.I figure by the time I am 40, I would have my 5 doors, and would start focusing on paying it all off.

Total privacy.And you absolutely do not want to do seller financing with a 2 year balloon unless you have a buy-in clause to pay an extra $.... to extend for an additional 2 years.

I can still get one released if I want to sell them off separate, which I intend to do through a rent-to-own.Not sure if that was any help, this is not my forte.

The contracts that I didn't release the contingency until I had replaced my earnest money with my buyer's money, that had less risk.  

I could use someone descent that would extend a LOC on rentals. 

Noticed your post and wanted to extend a product idea that our firm has that could be of assistance to your situation, if you haven't found a solution already. 

So I got a question for you:In the state of California, a seller accepts an offer from a second buyer and notifies the first buyer under a release clause.

I am looking to learn as much as i can from the pros on this site, and also looking to extend a hand to anyone in need.

Lenders don't want their money tied up for extended periods of time.

I suggested to him that we were thinking about selling the house once he was done renting it, and since it was prime real estate season (spring), if he wanted to move out now, as he was having money trouble, we would release him from his lease and refund him whatever amount of his security deposit money he was entitled to.