First time buyer, should I go for seller finance?

[Mathieu White]

Ive been pre approved for a 110k FHA loan, but I've found a underpriced, $170 k duplex in a hot area.

To the direct west is the city’s biggest public park and highest home comps, $400k +.

To the direct south is a brand new development that is in the $350k+ and to the north is a high traffic business area and East is a historically lower income, lower comp area, that is quickly being redeveloped (with new market rate apartments coming up. And prices rising). current rent comps for the property are minimum $800.

Should I try to find a way to leverage this or do owner financing? I dont wanna bite off more than I can chew.