I wouldn't focus singularly on individual city initiatives/projects and would recommend focusing more on fundamentals.

If you have, you have put yourself at great personal risk.Again, I recommend you get a lawyer as soon as possible.

If you went to a surgeon, do you think they would recommend a surgery? 

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Quote from @Brook Burns: Thanks so much for the recommendations!

There is a video (free on YouTube) by Attorney Jeff Watson titled "How To Do a Subject To And Do It Right" that I highly recommend. 

Pending Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.

This is (1) not something I'd recommend to a beginner, and (2) not something I've been able to do yet. 

I find the interface easier to manually update rates across my portfolio, OwnerRez doesn't easily let me match rates across my properties on a spot basis (unless anyone here has other recommendations that uses OR).