The tenants have not taken great care of the space, would this cause a lower reasonable rent? 

I then assigned and sold the contract for $2.9 million and made a $100,000 assignment fee.

The days of just putting something up and hoping for the best are long gone. 

The issue is funds are due immediately after winning the auction in the form of a cashiers check.

The inspector told me there is a new smoke detector requirement for Section 8 homes coming January 1:https://www.congress.gov/bill/117th-congress/house-bill/7981...https://www.us-hc.com/blogs/new-smoke-detector-requirement-f...Has anyone heard of this? 

We each made $7,500 on the deal What made you interested in investing in this type of deal?

The selling price is $700k, and the ARV is around $930k.

Need to know: Market locationwhat finances look likecurrent goalsjobetc.....Duplexes are one of the best entry points for the new investor, but all depends on the specific deal and strategies implemented. 

What are the my options to limit bringing that money out of pocket for the down payment but also minimize the amount of equity given away on the project? 

I don't know the intricacies of leaving Evolve, but I'm on the receiving end of folks that have left.