Purchase price: $320,000 Cash invested: $105,000 I started with me first property investment.

There is the theoretical/mathematical way of doing things then there is the real world.Most deals are NOT going to be valued by cap rate, at least at purchase.  

There is a legal doctrine known as "adverse possession" by which trespassers who openly inhabit and improve a piece of property that is otherwise abandoned may gain title to that property after some specific conditions are met.

Hi Billy,It really depends on your specific strategy.

30% down on the purchase providing 100% of construction .

I'm not an attorney so please consult one in your state to make your decisions.You could propose they master lease the property as a trial period BEFORE you agree to purchase terms which would transfer title. 

Networking with experienced investors can provide invaluable insights and guidance specific to your market.Property Search and Due Diligence: Once you're familiar with the market and financing options, start actively searching for suitable duplex properties.

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

Well, what if you purchased at a booming market, then it crashes?

I have been told by the Sec 8 rep in my area that once a section 8 propertiy is purchased the new owner does not have to apply for section certification, thereby making it impossible for that new owner to accept section 8 funds.