small cash flow now, large cash flow for the future.

[Shawn Mcenteer]

I am looking for some feed back on cash flow. My goal is to purchase 5 cash flowing properties using traditional lending. I do not see my self stopping at five but I set that number because that is common stop number for lenders to issue a new mortgage ( I think). Along the way and once I get to 5 properties what methods do you recommend for produce long term cash flow. Is it smartest and safest to get 30 year fixed rate mortgages and pay off principal along the way and once I hit 5 properties start pay off one at a time to leave the option of purchasing a new property open? This is my current plan I am looking for feed back to see if it is the smartest one.