One of the most powerful ways to enhance your skills and build your business is through networking. 

At the end of the day you may not end up purchasing this duplex but, in using a realtor and developing a relationship you may just find some pocket listings that make more sense for your purchasing power.

On my presentation for them, it's really easy to see how powerful this strategy is after only a few years!

Do I need a limited power of attorney?

It puts the tenant in a position of power over you, because if they report you, you will lose the right to get paid by a housing authority.

The current owner is not the power in this transaction; I doubt very much that he is getting a plethora of offers-you are very likely the only guy/gal on his horizon. 

You learn about different cultures, why one ethnicity doesn’t get along with another, accounting, political issues that effect real estate, social ills that effect people’s purchasing power, etc etc etc .

I have always been of the mind that knowledge is power so I try to absorb as much of it from as many different sources as possible, and since experience is the best teacher those of you who have been in this field already have likely seen many potential issues I may come across.I look forward to connecting, chatting, and possibly meeting some of you. 

Being licensed gives you the all powerful MLS and brings accoutability/credibility with it. 

I'd hit it with a power washer and , paint the rest of the ouse in a complimentary color.