You would have to determine a probability on your ability to sublet.Also, if it is zoned as a commercial property, you may want to speak with the local municipality to make sure you can you can do what you'd like with the property.Lastly, I think it is a bit of red flag that it's been sitting on the MLS for 3+ months and it hasn't been scooped up.

Luckily, you have found a great community of other real estate professionals, reference resources and more learning material than you probably want at this point.With regards to obtaining a real estate license, the required education to be eligible to sit for the exam can range from $600 - $1k depending on the institution.  

I am sitting in a hotel in Longview as a type.

Congrats on your 2 investment s!

I have 50,000 sitting in a bank account doing nothing.

Have seen an ad on Craigslist for a builder who must have access to some lots near Andover or Valley Center if I recall that is willing to build a duplex or is building them spec for sale.  

As it's hard to time a correction can take years to come, and by then you will have actually lost money by sitting on the sidelines.

Just my two cents but when the RE market is extremely competitive and multi offer situations are the normal... it is time to sit it out.

The other lender I spoke with will finance to a C5 but the terms are much harsher.This home has a crawl space of 4 ft (sits on piers).  

Welcome to the sit @Deborah Ayala I wish you the best of luck in your venture!