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.  

Quick piece of advice is to not focus on multi-family housing in our area.

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?