@Spencer Liddic The short answer is "it all depends on the deal"  I would recommend learning a little more on how to structure a syndication so that both you and your investors make a decent profit.  

Hey Jacob, as a owner occupant, I would recommend financing the purchase of the house, especially if you have decent credit.

I don't want to be rude, but I have to learn to cut them off politely.I thought may be having it on the MLS might improve the odds of finding a more "decent" long term tenant?

The plumbing and electric look shot.

It appears that the crime is relatively low and the schools are decent in the general area.

I'm not sure if I'll get any serious answers but I thought this was worth a shot.... 

She's been a decent tenant for the first 12 months of her lease, but it was full of late payments and excuses.

You will see some decent deals come through every now and then.  

You can have one area that is decent, but drive a few blocks one way or the other and it's not so good. 

What type of window coverings are in the property.....a decent tenant might have curtains or blinds in good shape where a bad tenant might have bed sheets, ripped up blinds or even aluminum foil.