Good Luck on making your decision on whether or not to keep the security deposit.  

Charlie McVan congrats on your decision to get into the real estate game. 1.)

The parcel is zoned single family agricultural, but is in a gray area of being grandfathered in. pre city incorporation construction so the county shows it as a 2 building 1 parcel, city would want evidence from the county and to make a final decision. $125 and some foot work and we would have an answer.The seller has a mortgage recorded only a few years back and we estimate they owe $126k, they are selling for $149k.

@Max TanenbaumIts not, but its the one connected to the master bedroom which I would assume the decision maker of renting the house are going to want to be using.

I like to get 12% minimum COC but that's a personal decision.

If there over 2 years with a large gain, it would affect my decision.

My point is just because you make money on an investment or because of a business decision it doesn't mean it was a good investment or decision.  

If you are currently in a position that you feel you can do a quick fix and flip, reduce your communication barrier (client), enhance your speed and efficiency, you will have no burden of "mutual decision making," as you are very well aware, if you are the sole point of contact and decision maker, the project goes much quicker.

Hoping bigger pockets will give me more understanding of how to make the more effective decisions in the market.

So give yourself a bit of time to relax and adjust before you make any big decisions about it.