I can try if I can find a source to finance the entire project, including the fund to purchase the corner as well. the problem here is the discussion with the city will be very preliminary, as it is the best I can do without having the actual ownerships of all properties involved. 

All business involves risk.

Several states have laws on the books mandating the presence of an attorney or other types of involvement at real estate closings, but you can use a title company to close your transaction.I'd suggest you use an agent who knows the area well and has a good marketing plan for you property.

This is a form of rental arbitrage and is talked about here from time to time but it is usually where the renter is putting it on air b&b where the spread will be larger than with long term but there is also more work involved.  

The cost of moving mobile homes also varies by location (based upon the local rules regarding whether or not a licensed electrician/plumber have to be involved).

Once the actual eviction has been granted (through the court system) law enforcement becomes involved to make sure the process goes smoothly.Gail

There are lawyers who will sit down with all partners involved to discuss every possible scenario, and this is a great idea.

Let me summarize what I hear to make sure I got it correctly:- STR has higher property management rates (25-30%) unlike 10-12% for LTR- Local policies are more dynamic for STR and what is allowed now, can be banned in the future (I saw that happening in HI when considering buying a real-estate there), should have a backup plan- STR require more management time thus if managed personally, should expect more involvement- Look at Florida and Carolina (NC?)

Usually you can quit claim deed the property without the lender even being involved.

Do I need to get the sheriff involved, or can I proceed with turning off the utilities effective that date?