This one property set us financially free by itself. 

I'll answer your questions first here and then expand on a few things as well.1. would a duplex by a cemetery make for a good rehab and rental?

I apologize for the delay and I hope your deal went smoothly.William, the only way I see that being possible to get someone to lend is if you have very strong contingencies for the return of EMD that stretch the full term of the contract, as well as a personal guarantee on the loan amount. 

Hi @Kenneth LewisI'm in Orlando as well.

@Emory ClaytonWe're on our 2nd set of tenants. 

Just send me a message and I'll send you the link.I am a Realtor here in Florida as well.

The short term rental market in our area has been doing really well over the past year and we feel this property is a destination unto itself.

@Cynthia GomezWe work with a few that will lend on new construction without a new build experienceDepends on down payment as well as potentially cross collateralizing it

And that comes with a whole new set of problems.  

There's nothing preventing the former owner from qualifying as the prospective owner-occupant as long as they meet the strict guidelines for being a prospective owner-occupant as set forth in Civil Code 2924m(a)(1).