I also looked at steel framed homes if you want to be a "builder type" These homes once erected on a site provide instant equity.As a rabid fan of HGTV I watched as a couple build a magnificent modular home right from the factory.

Another idea I had was to take four heavy-duty greentreated beams, erect them into the ground, and build a small 8'x10' structure on top of them that I could live in.Wooden shed - you know how you can buy those wood shed kits (like this) at Menards, Home Depot, etc.?

One final point as we all wait for cranes to drop out of the sky and building to erect themselves: The TIF, or as known here TIRZ, was just passed.

A water tower erected 400 feet away may be an eyesore from a backyard.

In rural areas, they normally require 1-2 acres for monopole erections.

If you provide them with a scale drawing of your warehouse they will design a kit to fit and can either send you the building (for which you can get bids for erection of it) or they can provide you with a building and labor quote. 

In addition, I have sifted through the city's website and cannot find anything that said a wood privacy fence cannot be erected in a flood zone (giving him the benefit of the doubt here).My question is if they come back and say that it must be taken down what should I do?

In addition to that, where this addition was erected to the main structure, it is pulling away.

The holding period of a separate element placed in service before the entire section 1250 property is finished starts on the first day of the month that the separate element is placed in service.The holding period for each separate improvement qualifying as a separate element starts on the day after the improvement is acquired or, for improvements constructed, reconstructed, or erected, the first day of the month that the improvement is placed in service.The holding period for each improvement not qualifying as a separate element takes the holding period of the basic property.

(B) "Property" means real property located in this state improved by virtue of a dwelling having been erected on the real property.