If you do parking go after Boat/RV parking and not vehicles. 

The ports and rail provide a lot of great jobs.

Stairs without railings or that need to be repaired3.

MF), but rather what your overall goals are and then figuring out which vehicle gets you there the quickest with the least amount of resistance.  

It's like working vehicles from the late 80's- early 90's, everything covered in rust, dry rotted gaskets, the more parts you touch the more you spend. 

I have no experience with either funds or SPVs but am eager to learn how these financial vehicles can help expand our ability to get into larger projects.For our purposes we would likely want to set up a fund or SPV that can 1) provide debt in the form of fixed rate loans or 2) provide equity on the LP side for real estate investing projects.There are a couple of caveats.

I guess good news is we are moving to an electric vehicle world... however, should I be concerned about the long term value of this property? 

This area usually has a good rental demand due to its proximity to NYC and public transportation (Path/bus/light rail).

That could mean buses (local or to the city), the PATH, or the light rail. 

Bought it from the tenants Grandmother -- she was so embarrassed to show me the house -- claimed her "wonderful" Grandson had gone off the rails and she needed to salvage any remaining value in the home.