They would only be willing to do that if I provided some sort of letter or acknowledgement of intent from the city saying the city is on board with the rezoning.

Shame on any lender who allows you to get into that.Though maybe short term, you're looking for a normal (probably private) loan, Milton, for which I bet you'll have to qualify.

This wouldn't work in Allentown, but anything more than a few miles north of Rt. 22 would qualify. https://www.rd.usda.gov/programs-services/all-prog...I would be careful not to over-leverage yourself at this stage in the game.

There are also specialized medical files where you can specify practice size and other pertinent factors that would help qualify a business for your space.

I guess they keep their jobs until they have enough monthly rental income to qualify for loans?

You'll need to find a good mortgage broker with VA experience to figure out exactly what would qualify as an "upgrade" for your area. 

Basically the textbook stated that, there is a new law in New Jersey, that if you try to sell a co-op, for the same amount or less then your investment, but aren’t successful after 4+ months on the market, then you can rent it out, regardless of any lease bylaws the board of that co-op has for renting. 

Mobile home park $1,750,000131 lots 86 occupies units: 1 sales office at 3718 Maple Grove Drive, 1 storage unit (converted home), 60 lot rental only homes, 2 park owned homes that are being rented, 15 park owned homes that have been seller-financed to qualified buyers and are owner-occupied and 4 park owned homes that are under renovation and getting ready to be sold or rented.* 45 vacant lots which have all dedicated utilities in place and are ready for homes to be placed on the lot.Tenants pay water & utilities & for yard maintenance.

I would talk to some lenders and see if you can pre qualify, especially military credit unions. 

Yes on the personal guarantee but that is only to qualify for the card so the inquiry shows up.