Would vacancy rates for an area with high owner occupancy be larger than an area with high rental occupancy given that: Increased competition can lead to higher vacancy rates (in the case of high renter occupancy)Low demand could also lead to high vacancy rates (in the case of high owner occupancy)The two neighborhoods that this information applies to are within a few miles of each other and most other demographic information is similar across the board.

Hi @Vishal Patel, since I just started to learn about real estate I too felt weird at first of the "subject to" but after reading up on it, it could make perfect sense for the seller in a tough position as most seller are not trying to ruing their credit. 

If not maybe another idea as to how a young man with no experience, and ok credit can borrow the start up capital necessary to start flipping around the Orlando area? 

Ones that have the financial credibility, but are just short on their credit scores.

As a hard money lender you will lend on the value of the deal and not on the credit score of the person that you are lending to. 

I have cash & credit but no real world knowledge on how to find deals.  

I'm already applying what I've learned to my investment career.

Preferably a local bank or credit union.

I paid the mortgage off years ago but do have an equity loan and line of credit on it in my name.I am looking to find a good group to work with and partner with as i begin, and my goal is in 3-5 years to be able to match my monthly net income, although i have no idea how it will all work so thats very tentative.I do know in the end i would like to have a net income that will allow me to leave my day job or be able to supplant it if for some reason it were lost. i am really driven to succeed at this.

David Stone , a traditional bank will look at your debt to income, credit score, and they will not consider the rent from the duplexes as income usually until you've been a landlord for two years, they will also want 20% down, plus closing costs, plus slightly higher investor interest rate, plus probably want you to prove you have 6 months of cash reserves or equivalent marketable securities.