Main reason to split the lot would be to maximize the lot for cash flowing rentals.

🥢🌦️ January Weather in VegasHighs: 56°F–60°FLows: 38°F–41°FHistorical extremes:Warmest: 77°F (Jan 26, 1975)Coldest: 8°F (Jan 13, 1963; Jan 25, 1937)Average January precipitation is just over 0.5 inches.

In addition, modest increases that take cost of living and other indicators into consideration is a reasonable way to assure longevity among tenants.  

IMO outside of a few small markets in the southeast the midwest is the only region in the U.S right now where you can purchase property with leverage and still expect a reasonable cash flow. 

You get paid a 5% acquisition fee and regular cash flow with low risk.

However, I’ve been hesitant due to challenges like remote management, high interest rates, and low cash flow.

I have 2 sets of tenants that I have had considerable problems with collecting the rent over the past year.

He abandoned trying to scale.Learning from this experience when my partner and I decided we wanted to double our net income, we realized it would take a increase of 2 1/2 time our volume and probably need to triple our deal flow.  

Update: I was put on to building doublewides on each lot from a colleague (Ryan might know him - Josh Schmitt from Deal Flow :)).

“ cash flow returns” almost always compare horribly to a simple bank CD after you deduct for insurance, prop taxes< vacancy, capex, prop management (or your personal time.) etc etc etc.