I am willing to live in one side of the duplex, handle all operations, and put down 50% of the money going toward the deal.

Completely updated both sides including, new furnaces, electrical plumbing, kitchens and baths.

Side note: I looked at the schools in the area of this property on zillow and all three schools read below a 3 rating.

He didn't find any foundation issues with home even on the side with the coal cellar.My questions are has anyone had any problems with rooms like these and could it become a problem? 

You are going to have two sides to your firm depending on whether your acquiring and managing as one part then raising capital on the other.

Also, it's located in a hot pocket in San Juan, PR capital.

I can tell you the area and the price point are HOT!

I’m starting to see why a lot of REIs have side hustles.

If its a hot market you might have to make an offer before getting in to see it, which may sound scary, but if you have a good team its not a big deal.

Making some money on the side while doing this would be fantastic, but I'm more concerned about the education to be gained from the opportunity.My rough plan is to gain enough experience to become a wholesaler myself, and use the profits from that to jump into REI (Single-Family homes and Multi-Units) with a strong foundation.I'm currently residing in Cumberland County, more specifically the Vineland/Millville area.