I have recently started writing down addresses of run down or abandoned properties that I would like to purchase, but I only have the owner's name.

You do have to purchase at least as much real estate as your net sale if you want to defer all tax.TICS are generally cash deals. 

FHA loans require living in the home as your primary residence for 1 year after purchase.

When running your numbers, if purchasing a home that isn't new construction and less than $1MM, I would estimate 1% - 1.2% of the purchase price as your annual insurance premium. 

I can lend up to 100% of the purchase price and 100% of the rehab costs for experienced investors on 1-4 unit properties.

Are you purchasing an investment property or 2nd home?   

Slowly work your way up to bigger purchase price and rehab budgets.

Quote from @Jaren Taylor: Quote from @Stuart Udis: Depending on the transaction sizes you are pursuing, raising money to purchase property without debt requires either an incredible network of relationships or devoting a lot of time and effort to raising money.

I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections.

@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?