If this is an clerical error and/or duplexes cannot be condominiums in your jurisdiction, demonstrate you are funded and ready to go, but it is conditional on the vendor sorting out the title.

After an initial meeting with the vendor, we drafted an offer demonstrating how a slightly lower sale price (8%) combined with a 5-year vendor financing & a capital gains reserve could produce more than twice as much net income as a straight sale at the ask price.Vendor was intrigued, but declined due to a health issue (I had failed to pick-up on this issue earlier and focused on the statements that the vendor was retiring and the property was the retirement funds).We are now submitting a straight purchase (which will take more cash out of pocket for us, but cost less in the long run) at the same price (due to current rent rolls and needed updates, we do not see the asking price as being supported).  

First thing I'd do is take stock of who I know who has demonstrated wisdom in your geographical area and are investing in an area that you are interested in.

The seller must be related by blood, marriage or law or demonstrate a long-standing, family-type relationship to gift equity to the borrower.

It will be a good demonstration to the residents and at the same time pushing the drug tenant to the edge.

Typically you use a Regional Center to demonstrate "indirect" job creation from things like construction labor and materials purchases, but the most important thing is to have a project ready to fund.

If you do, I'd get educated about landlording, take the time to choose the best property you can get that cash flows, and pour all cash flow into improving your credit.Once you can demonstrate that you can landlord and improve your credit, you'll be in a better position to borrow and take advantage of leverage, and maybe benefit from appreciation.  

I'm no expert here but I usually look for a personal recombination from somebody I trust and would be more likely to trust someone with a demonstrated high reputation.

I'm here to learn and contribute to the community when/where constructive and appropriate.My parents and grandparents owned mobile homes, and a mobile home park, when I was growing up demonstrating the importance of rental income.

To take it to an extreme (for demonstration purposes) if I put an $18K Viking 10-burner range/stove in a $100K home I'm not going to get $18K+ value.