My intention is to align myself with dialed-in colleagues, learn, progress and of course make some sales.

This option of course has many other factors to consider.If you choose option 1, make sure you have enough reserves to cover the negative cash flow for many years to come.

I would suggest looking at some rental listings in greenville online. 

If you don't hear anything, then contact the daughter online.

The things I see...1) If it was in the inspection report, and the agreement didn't call for the previous owner to repair it or file an insurance claim, and of course it wasn't repaired, why would the owner do so now?

I have no landlord experience and know that PMs usually charge 1 month's rent to find you a tenant and of course any repairs or maintenance that may ariseWith the following information, would it be better off to stay at my current apartment and just end my lease when it's time to take an assignment or should I purchase the duplex and possibly make extra income through cash flow and equity but also run the risk of repairs, maintenance, etc?

Profit $30,000 on $150,000 Total project The report shows " Total Personal Cash Invested " However since I am borrowing the money , my cash invested is only approx 25% of Total Cash In , plus of course holding costs , etc..

The risk you run of course is now you have more debt so in the case the market goes down and you need to sell, you run the risk of coming up short. 

Of course, our attorney would draw up all of the necessary documents and make sure that we are not violating any state or local laws with the rent to own agreement. 

.- Income from sources that can't be used as mortgage-qualifying income can of course certainly be used as assets for additional down payment.