Unless an Investor, who I know nothing about, peppers me with at least 100 questions, I tend to lose interest.But seriously, you can simplify your search by having answers to the following  questions that the Lender will have for YOU:1.

This is an over simplified explanation.

That greatly simplifies things.  

In my spreadsheet I'd have more exact math, I'm just simplifying for discussion sake.So, you account for these fees when doing your projections? 

However, pricing for the services depends on many factors1) how complex the books are - separating a bank account for each property simplifies the bookkeepers job.

@Brian Garrett I am not trying to over-simplify things here but I will for the sake of brevity..So I could potentially accumulate multiple properties over the next couple of years which are all free and clear due to my getting my initial money invested back from these strategies?

To over simplify, historically  any coastal states will have a greater appreciation in value then in land states, however middle states have a greater possibility of cash flow, in part due to their lower entry price. 

It is more complicated than that, but that is a simplified explanation.And one more thing.

I know that's is simplified but its logical..

Do not over simplify it.