I needed to spend over $10k to fix up the house and resell it.

In a rougher area where properties are dirt cheap, they are dirt cheap because they are hard to resell for a decent price even if they are in excellent condition, just keep that in mind.

Once I move I can rent or resell if need to.

I wholesaled merchandise in the 1990's and needed to know a ton more about my product than my reseller clients. 

A Notice of Option is typically the best way to hold a position on the ability to buy n resell to the end buyer.

There will be zero appreciation and if you try to resell it will be difficult at best.

Have you run any rough estimates of the ARV and costs if you were to update and resell the two homes?

I know it is less than ideal but can you get the addendum and then resell the option to the tenant, maybe under terms favorable to the tenant as an incentive, i.e. a couple hundred off or something.

this is a common theme of course on BP its pretty much every day.and you pretty much have all those that live in a market target a market .I like @James Wise cut and paste responses he does .. he nails it well and its worth cut and pasting every time someone ask the same question that has been asked 1000 times.I like to Add James that when going out of market.. also if you simply buy at the median price points of any given MSA your buying in an area were you have a lot of homeowners buying generally... so you get a mix of cash flow and appreciation and or more important you have a defined exit IE you can sell to a homeowner as opposed to buy at the bottom of the price point and the only out is to an investor..And Frankly your company is kind of a unicorn in the US.. there are not many companies like yours that specialize in reselling these assets for individual owner/investors. 

I'm able to live in whatever property is vacant, so the house is available to rent if have occupants.How should I analyze this, with the property being hard to resell as a SFH because the price is above the comps due to the extra income-properties....?