You should engage a civil engineer to complete a survey and they will be able to tell you based on the  zoning and dimensional requirements whether the subdivision is plausible.

My loan officer mentioned that the title company had the complete package four days before the closing, and my cash-to-close amount was confirmed three days prior to the closing date.

We completely renovated it and I can’t imagine living anywhere else.It was one of the best financial and lifestyle decisions I’ve ever made.Renting is almost always better, when you consider every aspect.

This sounds like a good excuse to start learning how credit works and start building some.

They completely allow companies to be more strict with lending...but not less strict. 

If you can go for a year and not loose money you should be able to sleep soundly at night. 

Once the move is complete and things are settled down, I'm interested in pursuing real estate investment locally.

The property was completely full with all personal belonging.

Sounds exciting.

An "investment" like owning a stock is completely passive and has no expenses for you to write-off.