Also I don't know what your current housing situation is but I bought my first duplex at 21 and lived in the downstairs and rented out the upstairs.

I was hopping to get some pointers on my situation.

I am new to investing and wanted to find out if other investors would take the risk with the unknowns listed on the seller inspection report pasted below (especially the plumbing situation below since I am unable to get the water turned on) or if it isn't worth it/it's too risky?

I'm motivated enough to do it, and think getting over the fear of doing it would be really worth while, I'm just not sure what strategy I should have going into these situations.

It will also depend on your investment situation.

I am wondering if there are any out-of-state investors who are/have been in the same situation as I am in?

The retail store that I manage I get to talk to about 30-50 people a day during that one week at least 3 are in some sort of house/property situation.

This would be for a seller finance situation.

This should allow us to pay off the other high interest loans.So the reason for this post is to get feedback on our plan and as well as seeing if anyone has dealt with this situation before.

I'm finally in a situation in which I've been able to work with a small bank to do portfolio loans bit was recommended to create a LLC prior to doing.