And plenty of people wholesale mls all the time and get deals it's actually quite common.

Initially, I though I could only get 3 lots out of the land, but after some research and some luck I was able to subdivide the lots into 4 separate lots.

Owner-occupied commercial properties generally get better interest rates and terms when compared to pure investment properties. 

As I've come to terms with this I have taken the last five months to regroup and really think about the future which brings me to my post and what I'd like to get the communities opinion on.I successfully negotiated and acquired one of my duplexes in 2017 that I nearly have paid off (note balance is $54k, property value $230k).

Here is a nice article from Biggerpockets for MTR 101 https://www.biggerpockets.com/blog/how-to-invest-in-medium-t...

The seller said this is in a gentrified area so there's potential to rehab this effectively and get a high payout as shown in the last comp.

They also know about real estate so less likely to charge you extra fees to get an appraisal or BPO because they can estimate the value themselves.

Quote from @Olga Daisel: @Randall AlanI agree with Randall on getting more details, $7K gross a unit btw is a great gross income.

Essentially all legit buyers will get an inspection.

That's why appraisers do the comparative approach and then secondarily the cost approach.So far, 100% of the time you don't get dollar for dollar back from what I've seen.