Im looking at purchasing a duplex in middletown, Ohio.

There are people out there who will lend on entitlements but that is typically if there is some horizontal work going on or if there is a LOI or some purchaser on the back end to buy it based on meeting some stipulations.

I am a rookie investor hoping to purchase my first property within the next 90 days.Kwanza Hi Kwanza,The first thing you'll need to decide is whether or not you want checkbook control of your self directed IRA. 

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

It keeps everyone on the same page.3) The downside of using a PM who has their own maintenance company is that you might end up with larger bills as it is a profit center for them.

The property is being purchased at 103 with an ARV of 375.

I currently own one property, and I’m planning to purchase another.

Yes you can find properties which you will be able to purchase, but ROI will be near zero or negative. 

My goal is to purchase my first property between now and mid to late 2025.

I would love to purchase a property that has done all of the work already, and cashflows.