A lot of times, the permitting is limited to usage and monthly's use more than the daily's so you want to make sure you're allowed to take on the park in the capacity you're looking to achieve.I hope that helps.

Since it is your primary residence, perhaps they bank will give you 90% LTV (make you keep 10% of equity in the house), thus if your house appraises at $800k, you could get a loan for $720k and when you payoff the old loan, you keep the difference in cash.Once the cash is in you account, there is no time limit to spend it.

I realize that on the surface the most practical solution is sticking out my W2, but I'm finding it has been very limiting in terms of the dulling mindset I'm surrounded by (yet I can't listen to podcasts, read, take phone calls, etc), the pay is only average, and love learning new things and have been with this company for a collective 13 years since shortly after college.

If you are able to start your portfolio and do the development stuff the sky is the limit I think!

Based on that limited information I would make the repair.

We've investigated condos in the past, but they have multiple limitations, including an average tenant stay of about two years, financing restrictions, and the high HOA fees limit profitability.

I feel like it would limit me from being able to buy the next deal, or find one that we could brrrr, or something.Am I being dumb for struggling with wanting to commit to this deal??

The iron content is at it's limit, and you'll get red stains on anything where water sits as it oxidizes with exposure to air but a water softener will take care of that.

The market rents are carried by the approved section 8 limits which goes up every year. 

Evaluating markets is one thing, but what do you look for in the people you meet in these markets if you can only spend a limited amount of time in person?