The rest will be difficult and undersirable no matter what, and I offer to let them free and off their lease agreement on the spot as long as they clean up my property and take all of their belongings with them but most cannot afford to move in such short notice.

Not sure on whether I want to rent it out or sell it when I'm done renovating, so that's part of the reason why I'm here - to learn about the different real estate investing strategies.I'm also here to connect with others in my area - from the little I've been able to dig up on BP, the space coast is a difficult area to find good deals.So, anyone a space coast local?

Obviously this would make it difficult to renovate the other unit of the duplex if it's inhabited and with the 6 month timeline being eaten up due to the 9 month contract, I'm not sure how it's possible to do the renovations on the loan.Has anyone had experience with this?

It can trigger the "due on sale" clause and a lender could demand you pay the loan balance in full.

Goal: Because I would sell it to the LLC, and use the money to pay the 10% remaining balance and use the rest for my next primary residence.

Who's paying the remaining balance of the purchase price?

Finding deals this way has become very difficult as the competition is quite intense out here these days.Another way is to work with wholesalers who spend all of their time sourcing deals for investors.

The main problem I am having is that its difficult to figure out the ARV of the property because the property is in a rough neighborhood and there isn't any duplex that has been sold in the area in the past 6 months. 

My budget is around 150k or so but unsure how to figure out balance sheets on occupancy, etc.

Your comments are all fair and offers a balance to my post!!