I just got the report from MLS.Naturally being just one man show and limited cash for the bigger houses, I have to be cautious now.  

The nuisance and abatement officer is involved, but they have limited resources and he is pretty much a one man show in handling these issues.

I work 65 - 70 hour weeks running a restaurant, so my free time is really limited. 

I'm not sure how this would help you, and I'm not sure what you mean by "get mortgages on the full value of the 2 houses".All mortgages are going to be limited to a certain Loan-to-Value (LTV) limit...Usually around 75% for a residential investment property.

(Seattle suburb) With .75 acre corner lot, one 80 yr old house, one workshop with power.

A friend and I are looking to partner up and buying a rental property. He's concerned that doing so will affect his future ability to borrow for a personal mortgage. What are some of the best ways to safeguard against...

I was also told that because the mortgage does not contain a power of sale clause it can not go through a non-judicial FC.  

It may sound cliche, but discovering BP has changed my life and instilled a powerful new way of thinking.

For one thing, condo associations (with support from enough owners) have the power (and the motivation) to severely restrict your ability to rent at any time.

A powerful combination, Use it.