--- Option A - You are going to pay a Buyer Agent out of your pocket.--- Option B - You are going to go directly to the Listing Agent.--- Option C - You've got another idea/plan of attack. 

Are you interested in signing another lease or were you planning on moving?"

I was planning to go to med school, but realized that I wanted to go that route so I could dump earnings into real estate.

While demolition costs are nondeductible, a taxpayer may claim a loss deduction when the depreciable business property is retired from use in a trade or business or from use in the production of income.I would strongly advice talking with a real estate focused accountant here to help guide you.

My son and I plan on buying our first investment property; either a duplex or triplex.

I am trying  to purchase a multifamily house , outside of the city where i live it wis about 150  miles from my location ,  how do i figure out the demographics of the area and also the medium income around the area where i am planning to purchase . do i need to look for any big stores/shopping malls or any govt offices around the area to see if the place would be ideal for purchasing the property for renting it .

I don’t see a huge issue with a 5-year term right now as most folks are planning to refi in 2-5 years at a lower rate anyway.

I assume you have the foundation permit/plan and can provide that to them to bid, so you just need to send it over and have them provide SOW and pricing. 

If they are month to month, just tell them you are planning on remodeling the place and need it vacant.      

You likely have to live there longer and/or plan to use it as a rental property (assuming the revenue is high enough) because you're starting at zero equity.