Some are 20k not because they are a complete wreck, but because of the bad neighboring areas that keep people away from buying there.

.- Use that as a reason to low ball the offer (tenant is mad, probably will wreck the place)Good luck Corey! 

Offer Owner financing, just get a big enough down payment in case they wreck it. 

It's too bad he has such great credit and his girlfriend's is a wreck.

Sickness is the family or you fall and brake a bone, car wreck ect.

Knowing that, most of the professional investors are into buying wrecks and doing really nice renos and flipping them to end users for hefty gains. 

What I would do different: aside from starting younger, I would have bought a wreck, lived in it while I rehabbed it, moved into my van and sold the rehab, did it again until I had enough cash basis to ramp up my rental property buy & hold purchases.

OTOH the tenant in your half probably won't make you evict him, nor will he wreck the place.  

My opinion is that if either porch structure collapsed, it would wreck the house and hurt the foundation even more.The second biggest issue we have is half the walls and ceilings show sign of sagging because the plaster has come undone, this seems to be a pretty expensive fix, considering it's in both kitchens, and most bedrooms in both units.

When I did a drive by, I identified this total WRECK of an apartment complex was parked right behind 3 beautiful bay front homes worth around $1M each.