@Stanley E.

Or you could go totally broke if you make to many mistakes, so please use caution and do your research properly.

(E) "Legal description" means a description of the property by metes and bounds or lot numbers of a recorded plat including a description of any portion of the property subject to an easement or reservation, if any.

We wanted to give ourselves enough time to properly plan so that we don't fail.

Wording your post properly can definitely change the image of what you're listing in the market place.

A few things we cannot believe: 1) That we are acquiring a duplex in Seattle proper for $220k.  

I upgrade to 200 amp, insulate, replace dated light and plumbing fixtures, replace the roof if necessary (or budget to replace it if it has a few more years on it--I just don't wait until it starts leaking), fix any drainage issues, replace windows (maybe 75% of the time), make sure doors/hardware work properly (I install hinge-stops and/or those round plastic bumpers that affix to the wall so I never have wall/door damage), limb up or remove trees, and of course give it a thorough cosmetic upgrade so it attracts good tenants.

If dealt properly, this could be a win-win situation for both tenant and owner.

Old quitclaim deeds piled on a contract forfeiture with 3 old land contracts not conveyed properly where one or more prior parties are now deceased.  

If your outlets are properly boxed I believe the type of wiring I have is acceptable, although not ideal.