I would like to build a duplex on it for long term rental income.

If you find you are unable to raise the money for an all-cash purchase, switching gears to Fannie will only work if you have a LONG time to close in your PSA or have many extension options (which usually require more hard earnest money.)

I do outsource my Taxes, but I meant having a Real Estate Tax Accountant or a CPA who I chat with to help create me a long term strategy.

When you do this long enough, you get an idea of what a tester asks about or they start digging.  

If you're in it for the long run you'll learn that management makes a good investment into a great investment.

It doesn't take long to learn how to spot a good deal.6.

Even if you have a higher return in the stock market, you'd be doing it with a lower basis after tax and it will take a long while to recoup from that. 

Might be a diamond on the rough if you can fix it up and then long-term rent.

Know that every long term lender will require a survey and if something comes up on it when you are trying to sell or refi, you could get stuck in hard money without an easy or quick way to get out.Is there a pre-payment penalty?

May this investment be the first of a long and successful portfolio.