Split into two buildings.  

Over the last several years I've been in a heavy cycle of acquiring and building rental portfolio, flipping, contracting, and being a realtor.

Hey @Sidney Duquette so I am not a fan of buying properties that can't perform with the hopes that it will build equity to offset the losses.

Also you seem to be motivated to build since you already have these lots. 

Meet fellow investors in your area and build relationships with them.

Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?

I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.

We were going to partner together on it where I build and run a STR on it.

I have 2 empty lots that I want to build 2 rental properties on in Decatur, AL, but there is not a lot of new construction in the area.

We are looking to building some fourplexes in the near future in the area - when you say expand your portfolio - what are you looking for ?