The house is located in a cookie cutter neighborhood of only a few different house designs. 

I read Landlording on Autopilot by Mike Butler (a police officer turned successful investor) and confirmed my suspicion.

We are rapidly moving toward growing our "Southern Standard" design concept on our homes.  

Definitely contact an engineering firm that has experience in deep and elevated foundation design; 20 feet below floodplain... that's rough.  

Can I confirm this with fellow BPs?

In any of the "agreements" you can get from Legal Zoom, Google, or any other website designed to offer "DIY" legal services, neither of these issues will be covered.

You are the creator and designer of your life.

The changes are all designed to protect the consumer, the buyer and the seller in each real estate transaction.And while everyone generally agrees that consumer protection is crucial, some of the changes may prove to be challenging, both to real estate professionals and to the consumers they serve.Before getting into the specifics, here are two basic reasons the new RESPA requirements may become challenging: 1) the need for more specific consumer disclosures, and 2) the need for those disclosures to be presented to the consumer in final form 3 days prior to closing.Conceptually, specific disclosures, as well as strict timelines for completion by professionals and presentation to consumers, both sound like excellent ideas.

Not confirmed yet would be to leave the shipping area intact leaving it as common area then further sub-dividing the rest of the space into industrial Condo's 10-12,000 sq ft each .Have not talked Price yet with the seller but I get the impression they Really Really want out I would like your thoughts both Pro and Con to proceed with my due diligence ?

Every titan started with his/her first deal...you happen to be decades ahead of most, and for a long game like REI, by the time you're my age you can have an empire of your own design.