In that scenario, you're better off waiting until the current tenant is out and you've had a chance to properly clean the property before you show it. 

He wants to wait 6 months so that he can buy her out.

I'm still very interested and motivated to get in the game, but I will need to wait at least another 6 months until I'm able to take action.

if you are gonna wait a year, its HELOC all the way... get it locked up now, but pay no interest until later.  

There are some great 1031 peeps in BP community that may have something else -so wait for them to chime in. 

Majority of the homes in the area are being sold as "single family", and this type of multi family house seems to be going out of style.What im thinking about doing is offering her seller financing, wait for the leases to end on the tenants and then renovate and sell.

Everyone has been so helpful on here and can't wait for the day I can give back.  

Large companies do this with reverse mortgages, but I think it would be much more difficult for a smaller investor, because you could be waiting 20 years or more before you acquired the property, while paying for it the whole time.

May 1 I signed a 6 month renewal. 1 week ago today while I was waiting for appliance delivery the neighbors decided it would be a good time to tell me how much of an issue the tenants had been.

There are thousands of sfh for sale in Texas; this is not the last one.