There is an additional 1000sqft of basement space a 700 of which is already finished but outdated. 

In the immediate future I definitely want to house back a multi family home, in Hudson County (which is a very tough market for any numbers to make sense) but as an agenT with access to MLS , and networking with varIous contractors due to the nature of my job, I think I’m in a good position to find something that has some value - add potential , as to not pay a premium , because I have the knowledge and means to improve it either myself or through people I knoW , so that would be my immediate short term goal.

I want to continue down this path even more so now that I've moved back to LA from Denver, Colorado and keep making friends of the REI space.

@Ranga Ramanathan I think the big risk is that the unpermitted space was done incorrectly and will have to be redone when you apply for your permits.

@Beau Pearson equity is useless unless you can access it.

Second, the long pole in most of these transactions is the time it takes to do a title search and the deed recording.There's a lot of promise for smart contracts in the space, but I wouldn't trust any smart contract for such a large transaction in the short-term.

It looks like a cover to a crawl space(?).  

A skill set they do not have access to, is something of value that you can provide in return, without money.

This particular county does not have online access to the courthouse documents. 

If I read it right, you have reasonable access to $33k for emergencies.