Don't rely solely on their opinion ... instead, have them confirm or deny your estimates.Wish you all the best!

I read several articles on local reactions to annual tax hikes in different areas that confirm it is possible to double in the space of a year. 

Does this mean rent will be prorated on the day of the sale or based on the confirmation hearing?

You will want to confirm with local law, but the typical scenario is all will be handled on closing statement, as a credit to you.

And after sitting at a desk the last 2 years straight, doing graphic design, I know that I am much more fulfilled when I am working with people.

Typical, standard system with good soil perk rate is around 20k You need to have a septic designer tell you what’s up.

It can be a condo, SFH or a MFH.Make sure you follow all the rules with setting up a qualified opportunity zone if you want to take advantage of benefits.The IRS has designated many ways to determine the land value for a property.

Rentals are designed to lose money on paper due to deprecation, lenders know that. 

@George W.Thank you for your response.I have confirmed that it is zoned for (R2) up to a two family.I guess  before I do anything I should talk with the town and request for their process for working on a project like this. 

I went to work designing the new layout for the 3/2 to come!