It is just using an FHA loan to get a multi unit home, live in it for 1 year and then move out to receive full rent with only putting down 3.5%

I don't have a crystal ball so I don't know the answer, but I would suspect at some point over the next 3-5 years the interest rates will come down again.

(Sternlicht)* Bonus: his take on interest rates and when they will come down. - The largest and most powerful rocket just went into space.

I get a few passed to me and the wholesalers are coming down.

Can someone please clarify this for me - if I take out a HELOC on my primary residence to purchase an investment property would that have to be for 100% of the cost of the investment property or can I just take out enough for a down payment? 

If you were to put aside the money that would go to extra payments, what interest rates would you get on that (ie would it make more money sitting in a high yield savings account instead of paying down a low interest rate mortgage)? 

With providing some rough numbers, my extended work experience with my company, and my credit to the lender, he informed me that I could potentially qualify for a $250k property with an FHA loan and a conventional down payment assistance loan which would put me with little to no money down out of pocket.

Using the bidding system it forces competition which is the essence of a free market and keeps pricing down. 

I’d down some research a while back but was finding 12-14% interest. 

The property is in pinellas county (clearwater)   The folks above are correct that you can check out the county recorder's office / public records, which may entail having to go down there in person during gov't work hours.You can also ask your realtor or loan officer, who may be more available, and can send it to you via email.