Quote from @Charles Evans: You are actually behind the 8-ball on this.

It is a corner lot, so they actually have two separate driveways, which is great for privacy.

I see you are located in Royal Oak, that is the area we've actually been looking at as I'll be based in Warren at the Arsenal. 

Basically you find these distressed properties in pre foreclosure, probates, divorces, or just ugly vacant properties. then you calculate the Max allowable offer and if it makes sense you call up the property owner, get it under contract for dirt cheap, then you assign the contract to a cash investor for an assignment fee. this is the general idea obviously it gets more in depth, but its finding deals that you would buy as a fix and flip or brrrr, and instead of actually buying it you sell it to other investors.Ahh I see, thanks for clearing that up.  

I am actually closing on my first duplex in Milan in a couple of weeks.

In Dayton, I find most of my clients like A/B class 1-4 units because they can actually cash flow AND be in great areas.

@Travis Timmons Do you think it would be better for me to explain how to actually do it for the benefit of him and others or just state that is is too complicated for him? 

And an actual lot split which was a SFH on .85 acre now turned into two separate lots, with a duplex on each lot.

It's the equivalent of the guy with the expensive car and big house acting rich vs. the actual rich guy that lives in a modest house, drives an old truck, and buys his clothes at Costco.

Now solely as a lender, i actually reverted back to it in unison with our mortgage origination software.