To be clear, I'm thinking I would do the above for several years while building my portfolio and learning, and then solely focus on my portfolio once I'm established and am generating enough income to live off of.

And I think just like 2008, we are not going to see it coming.

It is helping that I actually have lenders that won't loan on what they're thinking but I have a feeling it'll take some time for us to get to a middle ground. 

I think this property would be a challenging one to appraise even if value is based on noi and cap rate because of the OO requirement.  

I’m thinking about putting in an offer on a duplex.  

@Don KonipolI think that is a fair statement. 

How should I correctly think about this financially?

That statement might make you think I'd go with new construction, but that's not my niche.

I think I misundersatnd.

That is all that post is saying.Hi Jerryll, Based off your response, I don't think you actually read my post.