Seems like they made a mistake and don't like playing by the rules.  

If you want to put yourself in a better financial situation for the time being (which sounds important to you, judging by the wording of your post), then pay off the debt now and save up for a purchase further down the road.And just to put it out there, the reason why buying another rental would accelerate passive income goals isn't just because of the cash flow but also the tax savings and equity+any appreciation that will play a factor in case you want to do a trading-up strategy later down the line where you sell your properties to buy an apartment.

Dave,A few factors come into play.  

The sort of market we have now-a-days in Dallas area calls for looking into appreciation play in my opinion.

Sometimes that's a drag if it takes forever, but it also frees you up to work on something else while this plays out.

@Abe Osman   Either buy the entire complex or wait until a new buyer of the other parcel wants to work with you.Commercial investors do not play nice. 

Lets talk about Baseball or Basketball instead! 

it is the wholesaler who plays this game and needs to be able to close.

Wholesaler lurkers, if you need transactional financing because your end-buyer is getting Agency financing, a good transactional lender will let you know how it will play out up-front, and not give you a 156% APR "surprise!"

Baltimore City has had a number of programs over the years regarding grants, tax incentives and programs to purchase distressed property.Some of the incentive programs are not that well publicized so play around with Google searches.