So it's a long road before you have any income coming in from that garden and there is absolutely no guarantee it will ever even get upzoned. 

So we are looking at potential to build a second house as part of the whole package down the road.

The cost of land generally includes the cost of clearing, grading, planting, and landscaping.Land preparation costs, such as landscaping are depreciable Certain improvements made directly to land or added to it (such as shrubbery, fences, roads, sidewalks, and bridges) are generally depreciated over 15 yearsKeep in mind that depreciable rental property costs with a useful life of 20 year or less may be eligible for bonus depreciation.I don’t think the sources that you found are accurate since some of the improvements you mentioned can be depreciated and over a shorter period of time.

North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?

This is also a tough road and could be expensive to hire an attorney, surveyor, etc. 3.

Feel free to reach out to me down the road and see how it went.  

Partner Driven was interested in the Wright Road deal in Fayetteville, TN, due to its high profit potential.

Partner Driven was interested in the Schilling Road deal in Onalaska, WI, due to its high profit potential with a purchase price of $280,000 and a sale price of $375,000.

Turned into a great rental, that down the road will make an excellent personal or retirement property.

Legal liability is a tough road to go down since it has too many variables for you to deal with.