Once the buyer moved in he did not like install, equipment, timing and refuses to pay for the equipment.

If you are the LL, either an attorney can write one up pretty quickly if it's a complicated lease with special provisions, or your State Association of REALTORS should have a promulgated form you can use (I've had people pay me $150 to write on up for them in Texas where I'm licensed). 

If you prefer something with less immediate work and are willing to pay a premium for a newer property, the new development could be the way to go.Good luck with your decision!

The only things I feel I need to consider is we will be planning on getting married and I have to pop the big question.

That way your tenant pays your mortgage.  

I just went through a tenant turn over and it went pretty well.Now my grand plan. 

Faster approval, more flexible terms, and less stringent qualification criteria.Tip: Establish a solid relationship with private lenders and clearly outline your investment plan to gain their trust and secure favorable terms.

My plan A for my folks will always be to hire a 3rd party, but having done this for a very long time, I know I will come across those that want to be at least a little more hands on and I want them to have an option.Thanks in advance for any suggestions.Cheers,Robert

(I'm looking into following the million in net worth plan from the book)When buying a property for a low value ex: a duplex in Cisco TX for 95k and probably cheaper.

I've been told the hard part is finding a builder who's willing to build without me paying a large percentage upfront.