Construction type is "steel house", which means steel studs with shed type enclosing, and I understood that the sellers built the house themselves, probably with one of those pre-engineered kits, which may explain the initial N/A (not applicable) in the oldest sales history entry.

I don't know if I understood that part of your post though.

Understood on the price point and level of finishes.  

Michael, Thanks so much for replying and going ino detail about the 3 main different Loan typesThe Commercial Mortgage is the one I Initially understood the least about .You definitely helped me now understand the Loans and how they workSo if I go with say a 5 year term with a Balloon via a Portfolio Loan , Then I will have a 25 year conv. loan when  go to refinance my loan when the 5 year mark is up ?

Attorney says it is extremely 1 sided (understood).  

Understood that some people will recommend starting out in SFH, however the idea of buying right, forcing appreciation through strategically increasing the NOI, and refy-ing out capital that can be used in future investments plays to my personal strengths and feels like the right strategy for me to pursue.

I never really understood what is adequate and what I should include in my policy.

By using the term "taxable" income I had hoped that it would be understood that this is after all deductions are taken - the amount tax is actually figured on.So your answer would be "C".That is what I thought, but wanted to be sure.

@Tony KoganWell the liens can be understood prior to the sale. 

It fit my criteria of making money, not taking a lot of time and my wife and parents understood what I was wanting to do.