Using the 'employ yourself with your own money' technique you won't make it through DO/DU anyway, so I'm just trying to save you some time and headache:"...borrowers who receive income from partnerships or corporations in which they have a 25% or greater ownership interest.

@Samuel Sedore, Comparing NPVs / IRRs of Real Assets to other market securities, determining correlations and valuing real assets with appraisal techniques are very intriguing to me!

As long as you make the property your primary you can use lower money down techniques like FHA one one property then 3-5% conventional loan on the next property and so on.

If you are priced correctly, and are in a SAFE neighborhood (which isn't hard to find using my leveraged analysis technique I've discovered), no reason for you to not find working tenants.

It seems like it would be a good idea for me to have a filter on the price of the home to tailor to homes that appeals to the broad market or median price of the area.Let me know what you think

I'm looking forward to getting some help in finding some additional properties and learning some new techniques.

There are all kinds of ways you could buy or control these gems, different techniques could be applied to facilitate transactions, but unless you understand the product you'll fail at being a successful dealer because you won't understand why they are valuable or why there is a demand or why the market acts as it does. 

I did sign two Release of Mortgage documents today and sent them to my lawyer so I am pretty sure that will play a key part in this.Bob - There is a technique I am aware of where one owns the first lien note but takes a DIL from the borrower (which leaves the liens in place). 

You have them fill it out, take an iPhone picture of their Driver's license (for ID, front and back) then have the Tenant Check company run them.Sometimes just this procedure alone is a Screen Technique;-)

It seems as though ever deal should have rates tailored to the specific details.