What kind of improvements are you making? 

I'm kind of thinking the buyer represented themselves and acted a bit innocent. 

If your numbers are solid, you might even be able to cover the monthly payments out of the rehab budget.This kind of setup works best for properties that need significant rehab, and you need to be confident in your numbers and your ability to get the work done. 

But I believe is morally wrong and against capitalism to put this kind of restriction just my personal opinion.

So thats kind of the standard operating procedures in those markets and nothing really sells for full list price..

In our limited experience being on our own, finding the deal of course is the hardest part and is definitely a “it’s who you know” kind of deal.

Its kind of weird.

You're going to need 15-20 duplexes that are considered good deals to get to that kind of profit.

Thanks for the kind words. 

the only way i'd encourage you to invest in one of them though is if you're actually going to put time and effort into visiting and building a team and employing some kind of strategy.