With constant rises in property taxes in neighboring areas, this area is due to appreciate with value just looking at the work being done already.

I am a business owner and have had some success in the past and have had some short comings recently, as my industry is constantly under scrutiny, that have me looking elsewhere for stability.

Goal is to create additional income streams/LT financial wealth. 

Enough to cover down payment and reservesTop 5 Difficulties of Rental Property Investing Building wealth takes time It can be all-consuming thinking about it constantly although, the business will run how you will set it up to run You have to deal with difficult people Contractors, tenants, bankers, the property manager (screen tenants VERY well) You can limit your exposure to difficult people by setting up the business you want by doing due diligence upfront, like finding a great contractor or property manager, screening tenants exceptionally well.

You don't add 10% and divide the total by 120 .... you need to use a time value of money calculator which in effect amortizes a remaining balance each month to arrive at a number that remains constant through the entire loan but changes the principal and interest proportion of the payment each month.2.

Gorgeous private lot with a stream and NO HOA.

One way to surely lose money is to be constantly in search of the perfect or better deal. 

I constantly see investors bash bad areas...and alot of them either had bad experience and most of the time they did not do their research when it came to finding the right property as well as thoroughly checking out the tenant.

You guys will need to be aggressive with finding new properties to buy since flipping means you need a constant stream of new properties. 

Cash flow is pretty constant.