Quote from @Chris Seveney: @Tammy HelleWow I never knew this- thanks this is great to know I found out from another business owner as she's had success in doing this.

I am a single owner llc and have the necessary fundings for getting started as well as experience in construction and contacts to help me with rehabbing.

Also, if it isn't a legal duplex I might consult a lawyer to see if your title insurance or the previous owner might be liable to you for that issue. 

I am interested in using a 1031 Exchange to go from 2 non-owner occupied single family homes to one owner occupied duplex, where I live in 50% and rent out 50%.

As with most investors I am looking for vacant land that is currently owned by distressed owners that have pending tax obligations.

I'm considering of selling my over budget single family house as a seller financed house to a self employed business owner home buyer and I become the bank.

In their note to the seller they also acknowledged they paid rent late.The previous owner had two strokes and wasn't in a position to provide me with much information with regards to whether he kept the deposit in an interest-bearing account.

I am co-owner of PM Co HQ in Tampa and am also a broker specializing in working with investors find acquisitions in the Tampa area. 

If neither the tenant or owner give notice mine rolls into another annual lease.  

Crappy phone pictures and original owners had stuff everywhere.