I know with my credit history I can get a great rate, but in order to do that I would need to have the property deeded to me.My question: In order to get the best rate should I have the deed contain only my name as the sole owner in order to get the best financing?

Sure, @Aldrin Contreras , it is ok to wholesale without a real estate/broker license... in fact, you don't need a realtor to wholesale a property if you find a owner who will sale you his/her property without a middleman....It is when you are looking to wholesale REOs is when you have to "DEAL" with a realtor...Good luck...

FHA loans are for home owners. 

Then you can get the benefit of owner occupied financing and start learning about dealing with a tenant in one go.Good luck.

I've been driving for dollars and collected a few property addresses but finding the owners are tricky.

Haven't closed a deal yet but I'm working the streets, knocking on doors, and cold calling absentee owners.

Here was my criteria:  Age of owner(s) 45- 65+, equity 60-100%, Loan origination date 1900-2006, Year built 1990 to present (I heard this in a podcast and went with it). 

Since I plan to rent this previously owner occupied duplex, I want the seller to remove the asbestos.

Should that purchase and sale agreement include that the owner is to transfer to me her holding of the existing renters' damage deposit and last month's rent?

Had it not been for the ceiling collapsing on the top of my head, I would have never known that Id been living in an incubator of filth for 2 1/2 years and the Owner, Property Management and my Housing Provider knew.