I wouldn't recommend subdividing them and putting utilities in. multifamily entitlement is much higher returns than subdivisions. just my advice but I have 10 years of experience in agency, appraisal, development, construction, from a national perspective but based out of columbus 

This produces a risk if rates go up as is being predicted.If you have excellent credit, and a conforming deal, with plenty of time to close,than a bank is always the best choice from a rate and fees perspective.

Hobby landlords tend to approach all aspects of the business from the perspective of doing as little work as absolutely possible in return forfeiting the higher profits. 

@Charlie Rushton you have received great perspective from @Frank Rolfe here.

That last part is a powerful question that Puts a lot of perspective into keeping a home or not. 

When title is transferred to my name, how much equity I have in the house from perspective of a bank?

There is a lot of fact.The investor's lifestyle choices has much to do with how well passive income can serve them.For example 5k/mo passive income may not do much in California but may be more than enough if they relocated to a country with a lower cost of living, spent less than they earned and continued to invest the change.great perspective on your part!

Appreciate some wise, godly perspective - Thank You!

Find and join a local REI or land lord Association and attend meetings to get local perspectives on markets, LL/tenant laws and experiences etc.Hang out here and search threads that may be relevant to you and your desires/needs.Decide on your objectives from investing, taking into account your resources from financial and time perspectives.

Hi @Benjamin Giles, happy to answer this as best I can from the DSCR lending partner perspective.