Obviously the size of the lot will dictate how many units I could ultimately get in there but this zoning designation is pretty crazy in what it allows for developers to do.

If it becomes a "must rent now" situation, you might consider selling (I hear the market is good there at least according to all the Realtors sending me flyers trying to get me to sell my property there) so it might be a good time to cash out and get back to a comfortable spot.

I agree with @Mark Gallagher on doing something that makes you comfortable everyday.

You've got to be comfortable more or less handling the transaction "on your own" because it's hard for the listing agent to truly arrive at the best outcome for the seller and buyer doing a double agency.

For the additional comfort of privacy, a SFH; house hacking for getting on the path towards financial independence.

How do you get comfortable with it's size?

What are design costs going to be (architectural and engineering)Those are just a few of the things that need to be figured out.

This is a trust tax designed to level the playing field so that tax-exempt entities do not drive taxpaying business out of business when they substantially act like a comparable commercial business.Because of this tax impact, flipping houses in an IRA may not be as lucrative as most folks think since the common assumption is that everything an IRA does is wholly tax-exempt.  

To counter this, I see more communities providing a common area, "designated grilling area" on a slab away from the building.

I have this dream, A dream of being free from living paycheck to paycheck, working for other people in the sense of "No matter how many promotions I get, I'm still NEVER going to OWN the company I am working for.I am happily married to the woman of my dreams, and we have 3 beautiful children and a comfortable lifestyle.