That is very hard with off market deals, because the information about the property is often times hard to get - there is no data sheet about the property - and you are operating in a legally less regulated space.

I'm working out a couple of different options on what to do with that space.  

Get an owner occupied loan and rent out extra space in the property. 

House hacking something with a separate living space is probably your best bet. 

Alternatively, something cosmic could happen, and Phoenix could become the place to be in the next few years:https://www.express.co.uk/news/science/1010638/cold-weather-forecast-big-freeze-solar-minimum-maximum-space-news

It's a gamble in some ways, as I don't know if I'd be able to build what I want due to zoning.prop #2- crappy neighborhood. 1/4 acre, BUT-has a single family house, small garage, plus warehouse space that's ~2500 sq ft. zoned C. cheap. house is also a total rehab. closer to "move in ready", but honestly, the crime in the neighborhood is to the level that I don't think I'd bring my kid there now.

I had a dream, which was not all a dream.The bright sun was extinguished, and the starsDid wander darkling in the eternal space,Rayless, and pathless, and the icy earthSwung blind and blackening in the moonless air;Morn came and went—and came, and brought no day,And men forgot their passions in the dreadOf this their desolation; and all heartsWere chilled into a selfish prayer for light:And they did live by watchfires—and the thrones,The palaces of crowned kings—the huts,The habitations of all things which dwell,Were burnt for beacons; cities were consumed,And men were gathered round their blazing homesTo look once more into each other's face...

Lot fee is what the owner has to pay to the mobile home park for the space, so that will be $700 each. 

It is a two bed two bath home, 1400 sq feet of living space, and is on Narragansett Bay with views of the water out the back of the home.

Mark,If you own a rental in your IRA it can be converted into Roth.