Own five properties and wait a year.

If you wrap a note with, say, 20 years left to pay with a 15 year note, the end buyer will pay off the loan five years before you do. 

I'm seeking a consistent cash flow for a five year period; a goal of $2k per month the first year, expecting to be at $10k by year 5, therefore, it is my understanding to seek properties that are positioned for rapid appreciation to best meet my goals.Yes, I would prefer to leverage our investment dollars by obtaining a loan.  65% - 75% LTV seems to be the standard with conventional lenders. 

And, don't even think of advertising in any form whatsoever, even on a business card, unless you are licensed.

Tunji, you haven't said in which county in Maryland the five-bedroom house is located.

It took five months for me to get the Fulton County government to evict one of my tenants.  

If you do not pay your rent within five days of the due date, the landlord can start to have you evicted.

It definitely keeps the cash flow mindset humming, and it's only five bucks. 

On its property card on the city's tax site, the private owner is listed (w/ the same address)--which is why I was initially led to believe it wasn't yet bank-owned. 

Figured 4%/$3k for closing costs and $7k for repairs/cushion which leaves $20k cash for a down payment.If the seller will carry the 65%LTV balance of 55k on a five or ten year note at 8% interest only, he'd be earning $4,400 a year (Maybe he'd take less).