I was thinking on calculating the cost of what it will take me to actually be able to raise rents and subtracting that to the actual asking price.

I've been studying up for months now it's time to actually get out there and make moves.

Actually there is a great overview book on NPLs from Fuquan Bilal, search him on Amazon.

That's actually really intriguing. 

My first owner financing deal, it's a duplex the owner owns free and clear no mortgage.I am wondering if I get a deed or title, (with receipt of my down payment,) or some sort of "lesser" title until I pay it off then I get the actual deed?

L. if you're talking about private lenders that you don't know then what you are actually talking about is a hard money lender.

A robust farmer's market, a new artists district, several new niche employers building down on Exchange St, a micro micro brewery, a proposed $400M expansion of the Historic District to the south of 25th St, and a huge mixed-use development in the works in East Central where the old Rite Aid was.Sounds great, but it's still planet Ogden. 

I actually rent some commercial space downtown Ashland, the hair salon next to Nicks Pizza.

This means that the rate of appreciation will slow, but prices probably won't actually fall.  

You can tell whether your actual cost will be closer to $100k or $200k, that sort of thing.