I am going to try some of the suggestions made in MTR and stick it out.

If you can qualify for a Full Doc income loan and do not need DSCR I would suggest trying to get a traditonal approval to avoid the higher rates. 

Police drive by occasionally and see 3-4 people standing outside smoking. 

Duplex appraised 380 (super ****ing low ball) brings in an estimated 3,900 a month in rents. buyer agreed and SIGNED addendum to purchase at 397,500. day of closing they dont show, tell us they didnt know what they agreed to pay over appraised value and are trying to get us to accept 386k. my agent had me lock in our month to month long term tenant to a year lease for THEIR lender and now they pull this.. they have only 5k in escrow account.. my agent wont reduce his commission from 3%-2% to help bridge the gap. suggestions?? 

Any other suggestions for what works well are most welcome!

Does anyone have suggestions of how I should proceed? 

It’s especially effective in eastern PA, where competition and inventory can be tough.If you’ve got $80K, I’d suggest capping your initial spend at $60-65K.

Thank you for your wonderful suggestions.

Additionally, I verified that the parcels are buildable and analyzed competitive market prices, which suggest high profit margins.

As it stands, the post makes no sense to me.