Building, liability, and loss of income. 

If you are just looking for a turnkey rental, there are probably better deals out there.I would also advise that with an unstable job, tying up a big chunk of cash into a property, might not be the wisest play to build a foundation for later.

Any C-class neighborhoods are more geared towards Section 8 and long term renters.

Nobody has a crystal ball but Grays Ferry is the most depressed of the markets you listed and therefore could theoretically appreciate the most if the neighborhood turns.

It's a huge building with a steep roof.

Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.

Are you open to doing a few fix and flips first to build up your cash - THEN put it towards something long term?

I have questions regarding the owner and curious to see people's opinionsI find a piece of land that is going to tax deed auction and the land lies in a good/well-gated neighborhood.

Guess probably 550,000 for a tear down and new build depending on what's required and maybe a year of down time.  

I am looking to expand as an investor outside of my market as well as building relationships with professionals within my market.