For my first property I put down 10%, got a mortgage for 80% and then another loan with a higher APR for the remaining 10%.

Whether or not the inspector caught that it had a leak is another story.So in that sense, I'm not liable to fix the leak if it was a pre-existing condition, correct?

Learned to ski at Ward Hill, ate pizza at Dean Park Pizza, and shopped at Spags. 

like a simple apr loan?

No college degrees; but I have an Archery Instructor's license and am a licensed Ski Instructor!  

The expensive but highly repeatable method is to get a 0% APR credit card for 12-18 months and buy relatively consistent furniture that’s trendy-classic, affordable and hotel-like.

I bought my first cabin in PF simply because I could take the profits from that to pay for my yearly ski trips and still come out ahead.The ski towns can come out ahead if you figure in appreciation, though. 

For example, if the property has a FMV of 200K and outstanding loan of 200K at 6% APR, I'd like to buy it for 100K.

You don't have to do a pre-market analysis on every one, if you get them talking just let them know you can give them a quote later after you find out how many millions they want. :) Sometimes you can even rent to the people you are buying from.

I saw a list of new, newly redecorated, and up and coming ski resorts in Canada.