I have seen several references on other threads for planners owning investment properties. I could not do this. I fear that some professional decisions (rezoning, redevelopment, whatever) would be percieved as enhancing/protecting my own properties. Is there an ethical line not to cross? Should a zoning enforcement officer be part owner of a portable sign company? A convenience store? Is owning a 4-plex OK, but not the largest apartment complex in the area? Should I buy the farm where a new interchange has been considered?
Am I paranoid?...you betcha. I was even worried when I prepared a National Register distirct proposal that included my home. Remember that I have always been in the small city environment.