Right now I feel that a CPA with investment experience along with the supplemental knowledge gained from BP (including the awesome forums) can offer insight and wisdom that I will use immediately.Could probably get assistance from someone other than a CPA but their advice would include a disclaimer that tells me to verify with a CPA  lolPlus I'm more comfortable giving my financial information to a CPA to look over vs a normal human.

Putting down 3.5% with FHA but having a good steady income to supplement any potential vacancies or larger repairs if needed.4.

On the LR-Supplements for June it states owners name and labels him as "Deceased" which I am sure adds some layers to the whole situation. 

Then look at what Farmer's is offering you, likely it is now very overpriced liability insurance supplemented by the Fair Plan and even then it likely is Foremost and not Farmers...Check with other companies that actually insure themselves. 

I would make sure to write down what you are hoping to achieve, some examples would be longer term wealth, replacement of income, supplement income, better returns than cash sitting in the bank, retire early, etc.

Theorizing that if we retired early this would help supplement expenses.."

I'm all set for retirement, just have to supplement w/ some active income for now!

Can you find a duplex to live in for that amount and start supplementing your living expenses from day one?

A lot of investors here are doing it part-time to supplement W-2 income.  

Now we would like to find a way to supplement our income to meet our retirement goals and are on these boards trying to find a way to do that.