For a 30 lot park, you probably don't need a property management company.

Disregarding the theming (IE just comparing the appraisable size/comps of the home) it probably peaked out at around $900k in value during the RE peak, but is probably worth $650k-$700k now (again disregarding the upgrades). 

They probably think it is a good deal but not good because it is an old house.   

We have final site compliance plans in Columbus Ohio for large development projects and the only people that can do them are either an architect or a civil engineer. an architect is more versatile but the real knowledge is a civil engineer but you need to be able to stamp it for accuracy and you are putting your professional experience on the line. it has nothing to do with zoning. civil engineers don't really help with zoning that would be done by an entitlement group or zoning attorney. degree is probably mandatory before you can become a professional engineer but yes there is incredible demand for those services in our market. for subdivision development as well this is amazing skillset to have.  

I'm going to see something on-market that is fairly distressed later this week and will probably make an offer at a price that works for me.  

My situation is that we are moving to NJ because of a job in Woodcliff Lake.I’m not from the area, but I did some research and saw that Union City could be interesting for house hacking and is probably within our budget.

The idea would be to buy a piece of land (5+ acres ideally 10+ but I am in CT and finding reasonably priced buildable large plots of land is difficult) build a few of the kit homes, live in one and rent out the rest (probably a combination of mid and long term rentals.

If you can buy it for $75k it's probably a disaster.

Although I have a high income my assets are not immense and the insurance is protection against future earnings/STR  I will probably buy a primary home in next 5 years but happy for now where I am.  

@Austin Williams what lenders probably won't tell you right now is the BIGGEST benefit of your VA loan is an assumption!