I didn't read through the rest of the thread, so no opinion on whether this property is a good pursuit or not. 

A DIL is where the borrower/owner agrees to sign over the house Tobin exchange for the amount owed....no foreclosure, no further pursuit of the borrower for money(what you referred to as forgiving the debt).

I’m ready to pursuit my first deal.

@Philipp GrajewskiRegarding cash reserves, I highly disagree with having nothing and have personally realized the risk of this aggressive pursuit, which for me (many years ago), was essentially having to dump multiple properties because my situation with no reserves was unsustainable.

Get an agent to represent you, for your current house and your pursuit of a duplex.

Currently, I have been self educating myself saying and reaching out in pursuit of mentorship, partnership and innovative strategies.

Owner shall reimburse Manager for all expenses incurred in the pursuit of collection proceedings and/or legal proceedings.

(a) Except as otherwise provided herein, in all estates, real or personal, held in jointtenancy, the part or share of any tenant dying shall not descend or go to the surviving tenant,but shall descend or be vested in the heirs, executors, or administrators, respectively, of thetenant so dying, in the same manner as estates held by tenancy in common: Provided, thatestates held in joint tenancy for the purpose of carrying on and promoting trade andcommerce, or any useful work or manufacture, established and pursued with a view ofprofit to the parties therein concerned, are vested in the surviving partner, in order to enablethe surviving partner to settle and adjust the partnership business, or pay off the debts whichmay have been contracted in pursuit of the joint business; but as soon as the same iseffected, the survivor shall account with, and pay, and deliver to the heirs, executors andadministrators respectively of such deceased partner all such part, share, and sums ofmoney as the deceased partner may be entitled to by virtue of the original agreement, ifany, or according to the deceased partner's share or part in the joint concern, in the samemanner as partnership stock is usually settled between joint merchants and therepresentatives of their deceased partners.

This deal changed our lives and has motivated us to continue in this pursuit of financial freedom.

If you invest 100 hours in pursuit costs and 10 hours a month managing something actively in semi-perpetuity that's not the same thing as investing passively, collecting checks, and doing something else of value with your time.