My thought here is that these properties will have no mortgage associated, purchasing the property offers the opportunity to have the deed issued for the property. 

How much are you qualified to borrow and what will your monthly costs be for mortgage, insurance, taxes???

That will be on top of a mortgage on the new property.

I had been with them for 18 years and paid off mortgages, never missed a payment, never had a problem, etc.

I also am fine closing my purchase in cash, and refinancing shortly thereafter (or even down the road in 6-12 months).So for my questions:1) I've spoken with some mortgage brokers- they all seem to charge a lot of upfronts and are telling me I need to do a DSCR loan.

My strategy is to use HELOC to cover down payment and convention loan to cover the rest of the mortgage.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

He sells books which are much cheaper than course but are not as detailed.

They will do a Good title search that no liens or mortgage issues with the firemineral rights transfer, easements, a survey, type things need to be clear.glad you escaped the fire with your health is main thing

I manage the property and the tenants, pay the owner of the property a rent that meets their mortgage plus a little profit, charge fair market rent from the tenants I sublet to, and exercise an option to buy the property after a predefined term and at a predefined price.This way tired landlords don't have to manage their property anymore, and I start investing with little to no money.