Buying 1 acre and dividing it into multiple lots for long term rentals

[Daniel Medellin]

Hello chat, 

I am currently interested in an acre lot here in Texas. I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.

Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home? 

Thanks in advance!