I'm seeking some insight and advice on navigating a situation with a duplex we are closing on in a few days; one unit is vacant, and the other is occupied.

I have a much higher costing home and expenses, so I don’t intend to take any profit he gains monthly from the townhouse (which I imagine won’t be more than a few hundred max).

I'm here to help with insights or advice based on my experience.

I first got introduced to Tax Lien/Deed investing about 2 years ago, I've bought a couple books to further my knowledge and while they have been very insightful, I feel like I'm stuck at this one spot; getting started, or making that first investment.

I'm hoping to gather insights from those with experience in these markets.

Once you have a handful of units, things become more stable because you gain a lot of experience and also when issues arise at one unit, the other units still carry the expenses.

My concern is I tend to be less risk adverse especially with short term losses if the long term gain is worthwhile (i.e maybe the property might not cash flow today but it gains more equity).

Your confidence and readiness to begin investing will grow as you gain more knowledge.Become knowledgeable about the Lake County real estate market.

Real estate creates generational wealth and the long term game is all about trading up and exchanging properties to offset your gains. 

In the past, I've found them to be a good source of information to get insight on the market.