If I evict him, I'll have to go in now with about 60-70% of whats really needed (as no one else would EVER rent the place in it's current condition) but I suppose I could get it "rent ready" with the funds I have now in a couple months. 

I'm hoping there are a couple people that are in my position or that have advice on moving forward.

I would recommend you look at that as the prices compared to Austin will be much much less.Start with a duplex or single family, do that for a couple years and then go bigger.I have done all single family so far and will be doing that for another 2-3 years.

Her ex mentioned seeing it was worth $125K online which would be a bit tough considering it needs a new kitchen, and even though I've been inside a couple times I don't even know if it's 1 or 2 baths (Zillow & Realtor say different things) Oh I'd love to have two contiguous properties! 

If all your questions are answered positively, I would still have a contingency clause in the purchase agreement that would allow you to "walk away" without any penalty that is financial and before I closed I would hire a professional and experienced Inspector that would make you aware of any possible negative/unexpected things that he discovered.I would not buy a single family house for rental unless it was used as a "house hacking" loan that I felt pretty good about qualifying for it.There is only a couple reasons that could make it OK to purchase. 

(Redeem it)I have a couple of questions related to this. 

I have a couple good guys.

I am very very new to real estate investing (been listening to a couple of episodes of bigger pockets over youtube).My main goal is to start building a second income, and buy more real-estate assets over time. i was think about buying a single/duplex with a friend together as my first investment will be a good start for me. i live in Israel. and real-estate here is very expensive here and its require a big investment just for my first asset, also the return rates are very very low.so my question is what do i need to do .- Do i need a back account in the US.

Now, let me say that I did close multiple deals with said individual only to figure out a couple months in that our moral points of view were very differents. 

A good business plan is a couple pages long.