It should be cheap to split the parcel assuming the house borders a street, still relatively cheap if you have to grant street access. 

(I'm told the lot can't be subdivided because the rear parcel would would need a street frontage, rather than alley access.

I used to drive for dollars on purpose with a map, crossing off streets as I covered them.I reach out to tired looking plex owners via a nice letter or postcard and try to build a rapport with them. 

second question I saw there is 20 acres of land across the street for sale and was wondering if I should grab it and subdivide a few acres and sell or rent out to get my money back?

@Grace Santos what you can do, although tedious, is gather AirDNA comparables and then use google maps street view to see what the actual address is and send the address, the Air BnB listing, and the AirDNA printout for those specific comparables to the appraiser. 

Even a media outlet like The Wall Street Journal to keep up with market trends and other macro factors affecting real estate.

(which you can see good from the street view pic with all the fill they had to bring in to get it to height)With that said, I would say it's a fairly average deal. 

Toledo offers excellent cash flow opportunities, although its neighborhoods can differ significantly even from one street to the next.

And having had to hydroblast roots out, about $3k expense, and then the pipe likes to collapse, so you can often be in about $10k+ for a full repipe to the street, plus landscaping repair on top of that.Foundation can also get pretty pricey.At the end of the day, having done 8 flips, I still think of them as if I can make money, and learn something, I am doing well. 

I mainly concentrate in the Dallas Texas area.I found a beautiful property with a lot of potential in a well-kept and beautiful street.