I have a unique opportunity to acquire some real estate and am not sure how best to structure the deal.I’ll outline the opportunity bellow, then present the outcomes we’re looking to achieve and provide to the seller.I’ve considered some creative financing options already, but am new to this level of real estate investing and would appreciate any advice this community could provide.OPPORTUNITY- 115 acres adjacent to property we currently owned.

For him it was a major setback.Is the release process outlined in your loan docs so you can sell separately down the line?

Agencies (Fannie, Freddie, FHA, VA, USDA) outline guidelines that lenders need to follow if they want to be able to sell the loans back to the agency.

Most likely this is outlined in the park rules. 

My guess is that the lender that outlined this program and terms assumes its to be " owner occupied " and  that the terms would be much different if they were aware its actually for a  rental  scenario

Each of the 4 areas you have outlined have potential opportunity given the right deal.  

Make sure to clearly outline good and bad outcomes - who pays for what if the project ends up losing money, how much he’s charging for his labor and his workers labor?

Its not easy  so step one is getting the know the area like the back of your hand and become a black belt at the basics which I outlined above. 

I currently receive a weekly report outlining both “pre” and “pending” foreclosures in my local area.

My current situation is outlined below, and I was wondering if it’s possible for any experienced investors to explain to me how to obtain my goal.