I am currently also employed full-time as an IT contractor but, eventually, I want to be a real estate investor and landlord to achieve financial independence.

My ultimate goal is to develop a passive income and become financially independent so I have more time doing important things like...saving the world and searching for long lost treasures and civilizations.  

She has sold them all and turned to the Independance area where the rents are higher and she has had fewer tenant issues. 

I'm excited by the residential and commercial real estate market of Southern California, and want to begin to explore investing while continuing to focus on my career in hospitality operations & sales/branding & entrepreneurship.I focus on opening and building operations and sales systems for event spaces, specifically venues converted from industrial buildings and independent, site-specific hotels and restaurants looking to create or repair revenue streams from weddings, corporate parties, workshops, and in-house programming.

Looking to provide independent way of life for myself in "giving homes back their beauty" 

Everything that you listed is a normal process of subdivision which is independent of assignment of a new parcel number to a vacant land.

Given the shift in education's environment (especially in my state) I recognize now the importance of multiple streams of revenue and financial independence.

My goal is to diversify my income away from my W-2 career and eventually become financially independent one day.

Cap rates come from closed sales that are analyzed by an independent professional third party.Crap rates are fictitious numbers made up by clueless individuals trying to scam newbie investors.There is no reason for you to be trying to calculate either.

My parents had a god awful marriage and it really made the idea really unappealing to me.And I don't want kids until I am financially independent because as harsh as it may seem, children are just walking liabilities.