I would have knocked that sucker down with her first tantrum.  

@Jay FayzIt's possible to use an FHA loan with a 5% down payment, but keep in mind that the loan is intended for primary residences, and you'll need to live in the property for at least a year.

City has to inspect if I'm not mistaken to determine if threshold is met to where it is a tear down or rehabable.

If you have narrowed down an area you like research the heck out of it. 

Hi Jayce, we got the seller to carry back the portion of the down payment and the bank to finance the 1st position on the rest.

Owning a duplex at 20 is a huge accomplishment, and it’s inspiring to see you’re already planning your next move.From my perspective, real estate investing is a long-term game focused on building equity, paying down debt, and maintaining stability over chasing short-term cash flow.

CO states single dwelling (converting to a 2fam will cost upward of $100k- not an option).If I hold out- the property will have net profit of $600- possibly more if I refi again to bring my rate down. 

Because of the frustration, when asked to purchase the large lot in front of their house which leads to the main road, they turned it down.

I am leaning toward removal because the floor is run down, the risk of increased pests or feral cats, and there is already a storage closet off the patio.

Don’t overlook the 10% down second home occupancy loan for financing a property like this.