This is a great introductory book worth reading on pre-foreclosures: http://amzn.to/2n36BhrIt's short and sweet.  

The honeymoon time is always sweet; things can go sideways fast, and if you don't have something in writing (in real estate terms, "statute of frauds") you, my friend, are at the mercy of the tenant and the court.Word to the wise.

Put your sweet equity into the property, refinance the place and pull the money out for your next project.

In your case, owning and living in one side of a duplex for $200/mo out of pocket (after paying your taxes, insurance, operating expenses, and debt service) still sounds like a pretty sweet deal.

For example right now I’m checking the neighborhood around Five Palms Dr and Sweet Maiden St. in the 78242 zip code of San Antonio, and it doesn’t show any units for rent.

When the lender at Griffin does answer they are nice and sweet  but I think it would be better if they answered the phone consistently and got the job done.

Sweet!

putting 7% down 93% leverage letting the bank take all the risk is sweet.  

Based on our experience, I think 4/2 is the sweet spot.

With interest rates so low, you can probably put together a pretty sweet package that is within reach for your dad.