I'm looking for a mortgage broker recommendation in South Florida, especially someone that works and has expertise in Alternative Documents Loan (Alt-A loan).Thanks in advance!

An example would be an owner who owns the property freed and clear of any mortgage. 

In fact, I would recommend these approaches over the conventional purchases with a downpayment and a mortgage. 

Did my research to find out there was no mortgage but had city grass violations fines 7400.

I am currently in talks with banks for mortgages.

So far I have been looking at Bend, OR, Sunriver, OR, and Palm Sorings CA.For example: In Sunriver, OR I am finding that it might be difficult to pay off my mortgage and monthly expenses via renting which to me seems like it wouldn’t be a smart investment then. 

Owner has mortgage and still owe $40,000 and asking for $48K.

I would say that if you are just starting out AI would use conventional mortgages to get the first couple of properties. 

If you mortgage yourself up to 50% then try for a new loan or a HELOC that is where you will be stopped.....but if you have the HELOC and its not being used as kind of a in case of emergencies then you will be okay if you find a great deal you could then use that money. 

First of all, are you buying this property with a residential mortgage?