Im looking to buy a small 2 bedroom duplex as a kind of pilot project to my investment portfolio. There are a couple of problems with this particular problem. The complex itself is not a good one, in that it is not well maintained, there are a number of nigerians and its just not somewhere i would like to live. The duplex itself needs some work, but i dont think it will cost me over 10k to fix. We have been having problems gaining access to see its condition inside, but i have managed to reduce the price from R240 000 to R190 000 with the possibility of it reducing further should there be more damage inside. The owner is well aware of this and is willing to reduce. In fact she has had so many problems with the tennants that she actually just wants a quick exit from the property. I have heard from neighbors that the property operates as a brothel etc. On the positive, the complex has had some improvements over the years, and the average rental for this particular type of home would be between R3000 and R3500 excl water and lights. average selling price for this type is also between R250 000 and R300 000, but have heard rumours taht its very difficult to sell. rentals are very quick apparently, and i dont intend selling the investment for a very long time as essentially it must fall in as part of a larger portfolio. I have been advised to purchase as part of a trust, or in my personal name, but i would have liked the business to own the house, so im a bit undecided. Essentially i want to use this asset to grow or build bigger property assets. Your advice would be greatly appreciated, as i am about to jump into this investment over the next 3 weeks or so.