Sorry...I meant this isn't  sub-2 lease option....you can lease option and as @Brian Gibbons  mentioned assign that for a quick $3500 or so......

I would suggest something Brandon Turner and others have mentioned on here and that's house hacking... not sure if that's what you meant with flipping a duplex, but starting off it's great!

Like others, I am wondering about the flooring - it almost looks like the tile that's meant to be wood.  

I understood what you meant @Derek Carroll That's another great point that I hadn't considered. 

What I meant is for me to be successful I do everything to an 80% completeness.

I meant depreciation from a separate business, not real estate depreciation.They counted depreciation that was listed on my c corp towards my income, since it's a phantom expense.

@Drew Denham  I think they meant "by the phrasing of your question" as you already said you were leery about a house that old. 

I think Ann meant to say "owner occupied".

You had two non-payers (reading the typos that way at least, I assumed it was what you meant to write).  

Thanks @Jeff Hamel as we assume you meant eRentPayment.com and not eRent.com.