no paper docs for me  I even have title companies using it. 

Owner Holding Papers | covers remaining mortgage Loan Amount: $57,400Amortization Period: 15 yearsLoan Term: 5 yearsInterest Rate: 5% My main question is seeing that the entire cost of the mortgage, closing and rehab costs are not coming from any out-of-pocket expenses from me personally, will that effect how I fill out the calculator information?

You've just gone through an ownership change and have no paper leases.

No way I'm paying 6% twice and hunting around for 2 months for 90k assets, but my title tells you how much I like expending extra effort.

get on the mailing list of all auction companies in your area, attend auctions,deal with trustees on no sales, subscribe to the Legal record in your area, follow tax sales, sit in housing and rent court.run ads in papers and radio - WANTED real estate, houses, commercial and non-conforming properties, any condition to purchase, control or assign. 

If all you are concerned about is a high CAP rate, there are small towns all over BC that look great on paper and will spit out lots of cash, but I'd be cautious about investing in small towns unless you know that market very well and have boots on the ground to help you out. 

Most of my net worth is on paper in the form of equity in my startup, so having some tangible assets that are generating real cash is attractive to me.

Also I’m pretty familiar with the huge amount of paper work for transferring a “section 8” rental from one landlord to another in Baltimore City.

Check out the recent article in the local paper up here (Watauga Democrat).

They will be more expensive than conventional loans but are more flexible and are asset based rather than your income based.Preapproval from a HML is generally a piece of paper saying you are approved to borrow up to $X.