Please note that I am located out-of-state from this property and the kitchen hasn't been updated since the '70s (small galley kitchen FYI)Thank you in advance for your advice.

My biggest issue is location.

Not sure where you are located but your probably looking at least a couple hundred bucks to have this custom made for you.

We are located in Miami and would like to establish long term business relationship with a local CPA.

If it is not a location where you would want to walk through, it is probably not a good idea to buy there. 

By allowing myself one year to research REI further and expand my knowledge of the local markets and locate a better deal.

However, because of the location my wife and I would love to raise our children their and keep the property in the family.

Since most of us are located overseas or at another State, it is difficult for us to arrange things.

Your profile doesn't say where you are located, so it would be very hard for anyone to make a useful suggestion of books or resources.As a new member, there are several things you can do to increase the likelihood of getting helpful responses here on the forum.

Depending on how much work you have and the location I'm sure he can help.