@Russell Naylor,Thanks for the quick reply!

I've been learning as much as I can as quickly as I can I'm excited for the future!

Thanks for the quick responses!

In order to get ahead of the pack (ie. obtain "bigger pockets" more quickly), a better question would be: Is this Duplex UNDER priced (because unless it is, why be interested)?!

;) I bet the Bel-Air mansion is also in the name of a trust or LLC, and I bet it is in a different name than any other properties they may own ... rich and famous quickly learn how to become rich and anonymous, but the truly smart rich folks never seek out fame in the first place ...

The terms are very attractive and its all unsecured debt. 

@Alex Deacon, thanks for the quick response!

When I finally got to the property, after driving past the many neighboring, beautiful, bigger, newer homes on acreage along the way,  I quickly realized what the "problem"  was (or at least one of the problems): a huge power pole, complete with a transformer high up on it, was located about sixteen feet from the front of the house, centered on the front door!

My point being is that the foundation can be repaired and one can find good deals sometimes if they know how to fix the foundations quickly and cheaply.

Maybe the seller is in deep with too many bills and has to sell quick and will take anything that is offered but doesn't want to offer it low in case someone is willing to pay more.