It's never become an issue, but I acknowledged the issues with benefiting/detriment party in a friendly manner.

This is however subjected to an acceptable terms by both parties involved.

Both of us should be looked at in the highest regard when it comes to this business, or the desire should be mutual of both parties, I'm getting the feeling that it is not.... *** I may have just answered my own question ***None the less, it will be interesting to read the feedback that this conversation get's and or questions.

If so, have them sign a property management contract for you (if that is legal for you in your state - in some states you have to be a broker in order to manage property for a third party).  

If this is the case, I assume there is a mortgage and one rule with banks about accepting a short sell price is that both parties do not know each other.As for the financing,  you need a bank or broker for an investment loan or if there is 40K in damages, was it a fire or closed to condemn and requiring a rehab?

Neither of us had lawyers involved, but this was a very straight forward deal between two familiar parties.

While I do not want to sell the duplex, If needed, I would like to know what knowledge a third party outside of us can give.

In my opinion South Florida is a solid market for fix and flipping...There's a lot of competition out there for deals, so the tough part is finding good deals where the numbers work, but that's not an insurmountable obstacle.

English is my third language, I`m fluent in german, georgian, and speak a little bit of russian and french.

I've barely got a toe in the bucket but being midtransaction on our third property, my compulsive obsession with number crunching has me wondering how much is enough to do this full time?