I would review your numbers and make sure you are entering things correctly, or your model is going to steer you the wrong direction. 

For example I would consider anything with less than 20' clear height functionally obsolete as industrial buildings are growing in height every year to accommodate new high bay distribution strategies. 24'+ is ideal.

I need to come up with a good strategy for tying up this property while managing holding costs & risk (both the risk that market shifts drastically and the risk that I lose the seller)CONTEXT: I'm an investor in Bergen County, NJ - my direct mail turned up an owner who plans to move out of state at the end of the school year (she's a teacher retiring).

He strongly objected to the new tenant moving in, feeling they would be a direct competitor who will dilute their business and ROI.

While the CDBO did not contact me directly, they did contact Prosper (in about a month) and my issue was escalated to the legal department and then to a person who could actually answer my question.It is easy and online.  

The only variable is the mortgage and a $10k swing in either direction doesn't seem to move the numbers much.

Summit County has two Nordic Centers offering excellent cross-country skiing, as well as a Tubing Hill for kids of all ages.She went on to say that we cannot mention places like Breckenridge and Keystone, because a traveler might think to copy that word from the listing, go to Google, look it up and end up renting an accommodation directly from that place than the VRBO listing.

Suggestions/direction welcome!

You won't notice the difference in megapixels and you won't have done enough to tighten the gap between what you have and the potential in a DSLR.also a DSLR won't teach you proper lighting or composition so you wont' get those benefits either. your cell phone camera is about 21mm focal length, which is nearly ideal for wide angle photography anyway.

Any type of cash purchase would be ideal to avoid lending issues due to the condition of the property prior to rehab.