Until it goes to the actual foreclosure sale, it is still owned by the borrower who has power of sale.  

I would confirm with the city if you actually need stamped drawings for your permit.  

Assuming 25% of income for rent, which is probably low for what most people actually pay, you are talking about a resident earning between $26,000 and $30,000 before taxes.  

Try saving your money until you can actually invest in real estate, or partner with someone who already is.

You are chasing a number because you do not realize what it actually represents.The higher the cap rate the LESS the market is willing to pay for the NOI. 

:-P  She actually advised me not to purchase a house that was an OK deal but was in need of a new driveway, from road to back yard garage.  

I actually know so little about this that I am not even certain how to approach them.I would love to hear advice or more information on this. 

One from 2013 is showing 10.95% actual cap rate, and another one from 2015 is at 8%.

Seems most people on this post only read half the OP's original post, every title company in town is fine for a "traditional" transaction, but how many are actually investor friendly, save investors money, get complicated title issues resolved fast and understand non traditional funding and items such as assignments and do double closes?

SFH is actually looking better for me than the multis.