if i were to acquire these and have them be owner financed, I would want clear title and the other mortgage on this lot removed - especially if my loan has a balloon on it that matures prior to the existing loan, as how would to provide clear title?

However, I believe multi family provides the best ROI and is the best way to scale.

So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

The sale of our home will provide us with approximately $150,000 to allocate toward investments.At this stage, we feel most comfortable focusing on long-term rentals.

If it pays for itself, it provides you with a "free" place to live during the off-season.

The company providing the warranty keeps most premiums as revenue and profit."

Guests provide revenue and guest provide Reviews. 

I provided a free rent back for 2 weeks so the seller could get her funds and relocate.

Most cost segregation study companies provide the quote for free.

BRRRR continues to work for SFHs, and still provides steady cash flow, easy financing, and strong demand.