Normal sale - you pay both tax and depreciation recaptureReverse mortgage - not sure if these are possible with investment properties, but maybe?  

Simply talk to a normal lender.

Also, we spoke with a representative on Rocketmortage who relayed that the house we are looking at ($65,000) was deemed to high risk for them to give a loan on even if we put the normal %25 down.

(I understand they are not an attorney but can they work with one to create the ideal set up for your business)3) What types of structures would you recommend for my strategy of _________4) What are your normal filling fees for these different structures?

I would have him pay a partial month for February, and then on 3/1 have him pay a full month to keep him on a normal schedule.  

@Korie Apgar, normally the problem with the blanket mortgages is when you want to sell one of the properties ... double check with the lender if it is possible or not. 

I normally follow up with people to see if they were interested and what they thought.  

My goals are to gradually build wealth and cash flow over time while having a normal engineering career. slow and steady wins the race I guess :)I have been considering two common newbie strategies either owner occupying a duplex or to buy a simple single family property such as a townhouse for less but then plan to move within the next year or two and move on to the next property while renting the other.

Then it does turn into a normal loan that you cannot draw from.  

Normally, standard C.A.R lease contract should stated most of the things you mentioned.2.