Would be great to reconfigure the lot lines on the two additional parcels so they'd both meet the minimum to build.

In all major cities, especially ones with a higher crime index, unless you study the market and know it, I would never rely on someone else to choose a block.

They will just wait for you to cancel the contract and offer on the listing themselves. 

I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.

Quote from @Katie Camargo: My experience they are not worth what they are used for on the claim.

For the most part vs focusing on a specific neighborhood or two I would say keep you options open to all. 

They were perfectly acceptable 20 years ago, but now many areas are limited to one guest per calendar month. 

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

White Oak color and Walnut color are the two main ones you want to focus on, depending on the rest of the design in the house!

But your subject line is pretty generic, try something that is more descriptive like a newspaper headline, you will see some good responses.