I haven't personally gone through this, but it may be worth getting a judgement depending on the process in your state.

You may find a local farmer who may be interested in it for some additional equipment parking or for the small barn or shop it has. a 2/1 here in the valley out in the farm areas might fetch you $1000/month depending on the condition of the home.

I really know very little about financing, however.As far as the ideal price for a duplex...that depends.

It all depends on what your investors are looking for.Sounds like you haven't settled on what kind of purchase you want to make.

JaySo that depends what you want from these 4 properties.

Local economies depend on them and it’s a symbiotic relationship.  

@Charlie Lehoux It all depends on your investment criteria, goals/objectives, budget and holding period. 

Try to get HELOC  depend how he want to use  money.  

You need receipts if you are writing the checks to the suppliers, but not if you are “reimbursing” the contractor, you’ll 1099 him if required (dependent on his W-9).

This is also area dependent.