If so do you think it’s unique to your market?

You could write a book on the pros and cons, but ill summarize here. with as little time as you have, your projects will stretch out forever.

Individual states and counties have their own unique rules and regulations, with some requiring a 3-day eviction notice to tenants and some requiring a 30-day notice.

@Derek Cheng, Every property in every geography at every stage of a market cycle will be unique. 

If I had to guess, I would say the seller of the first property simply needed to sell fast and cheap for some type of unique circumstance (avoid foreclosure, need to pay medical bills, etc.)Whether this makes it a good deal is another conversation.

Killeen has unique opportunities because of FT Hood.

I've tried researching the topic online, but our situation seems to be somewhat unique. 

@Forrest Faulconer - Thanks for the swift feedbackI honestly don't have a lot of information about comps in the area because our house is pretty unique to our market (a walk-out basement with a kitchen is pretty unique), so it is difficult to use non MLS tools to tell us too terribly much.

This is a unique market here it seems.

Now, I am in a unique situation where I haven't been able to find answers online.The situation:I purchased a  duplex to house-hack in Oakland, CA with an FHA Loan for $710,000 which is now my primary home.