I kept talking with the neighbor who had the trust of the daughter who was out of state. 

Make no mistake - it's stressful and it sucks taking on a project like this - especially out of state.

The lease states that the tenants are responsible for the full unit rent regardless of the number (in the event one tenants moves out before the lease ending date).  

Keep in mind that some of these obnoxious transfer taxes are not considered state or local taxes for tax deductions but rather increase the basis of the property as part of acquisition costs.

As Gino has stated, duplexes are not underwritten as "true multifamily" because of how they are valued. 

Or you can purchase a home in your own market, rehab it and sell it later.You can also invest out of state in a cheaper market and buy and hold. 

You'll want to make sure you understand the K1/tax filing implications because if you own very small piece of let's say 10 properties in 10 different states you would potentially receive 10 K1s (one for each deal) and 'may' have tax filing requirements in 10 states. 

LOTS of lakes that bring in out of state visitors and ski mountains galore.

Afterwards the bank updated me and stated the appraised value was changed back to the original purchase price.

On the description of the Zillow listing, it states a tenant is in place at 1500 dollars a month.