Rezoning and Parcel Division in Indy

[Julius Clark]

Hey there, 

I am a local agent in Indianapolis working primarily with investors. i have been seeing the trend lately of houses being listed as a duplex because they've been converted but still zoned as a single family. I was wondering if anybody had any insight on how to proceed with these deals. Is it hard to get rezoned? How much added risk is it? Can I write offers contingent on the zoning being changed?

Secondly, new builds are ripping the market right now. I have had the thought on some listings that I've analyzed that if the parcel could be split up into 2 or 3 lots with new builds. Is there anybody here doing this? How do you manage to split the parcels? Would you classify this is "risky"?