My nearest competition is two houses, one a few doors away, same age, also stucco, slightly larger, with people in it, at 165K last I looked, and another one, slightly larger, block, a few blocks away, 11 years older at $135K.

They were both a MAJOR pain in the butt.

on that note, make sure your CPA isn't the 'dude' at HR block!!

If you go back to the conversation with Mr Investor, you should see a "Remove Block" or some such above his replies.

The ones I held as rentals are a huge pain in the butt.Based on my own experience and the experience of several experienced investors I associate with, here's what's likely to happen with that house should you choose to buy it ... 1.

This property is 2 blocks south of where we live.

The first duplex was wood construction and apparently because the second duplex is block, the insurance company is saying the cost to rebuild is $175,000 (price of duplex is well under $100,000. 

Its a pain for them and they cant borrow for purchase, so it'll shrink your buyer pool and the ones that will do that will almost surely want a super good deal to put up with the hassle.

Northern VA is painfully expensive.

@Jack Paine Welcome.