The results will be legally drawn up agreements for your use.It is also wise to seek advice from a licensed professional tax and financial planner to make sure the agreement structure best fits your present status, strategy, and future plans - including building an estate.

@Andres Galeano JR time management is always a work in progress, and adapting techniques to meet your needs.Time Management: I utilize a planner/ daily schedule tactic from Cal Newport's - How to Become A Straight A Student.

As a retired Certified Financial Planner, I look for investments, not focused on Capital Gains, but cash flow. 

Even if you could afford to bring $80,000 (plus your closing costs) most financial planners would say to use the lower amount and invest the difference somewhere else.  

If the planners say that there is a low inventory of R2 land, and if you were to rezone there would need to be other land suitable for R2, that's telling you that R2 zoning is in demand.

How many follow the 80% rule that financial planners espouse?

@Udayabagya Halim I'd go to the city first and just talk to a planner about what you're thinking and they should be able to let you know if you are on the right track and make you aware of any major issues with your ideas.

So we are planners for the long term.

I guess my next stop is to find a knowledgeable IRA planner.

I am a financial advisor and estate planner by trade.