The only way to make it work would be to cut it into less desirable, higher density, quarter-acre (or smaller) lots.Not only do you have to deal with development and regulation issues, but the utility installation requires the creation of a MUD which brings a very complicated political element into the equation.I've learned that urban development isn't a game for optimistic entrepreneurs who don't have access to millions in capital willing to make the long-term investment.

I see plenty of information regarding the creation of targeted campaigns etc., but not very much on what to expect after it gets mailed.Lets assume you get a call back on a property - what now?

As an older home, the inspector is going to find lots of things to point out;2) It is generally better to hang on to properties as rentals for long term wealth creation.  

So @Kevin Fox is having my wife and I as the case study villains for his monthly meet-up:  https://www.biggerpockets.com/forums/521-events-an...I invite all of you to attend so we can also discuss the creation of a different type of monthly get-together.  

They did not notify us of a leak until mold present which to me is an obvious issue of their creation to break lease.

Business friendly government (inexpensive for structure creation and easy for landlording management)4.

People who study personal wealth creation know that there are a few steps involved:1.

My interests lie in the upstairs which boasts enough raw space for 2 good sized apartments after renovation, and essentially creation of the second one from scratch.We are looking for a way to partner on this venture, but not sure the best way to go about it.  

I am hyper-sensitive to other people's feelings and some would say that is bad for business but I have found it to be essential in the deal-creation phase.

That is the creation of inventory and you can't 1031 out of that.If you want to build on raw land then build and hold long enough so that once again you've established your intent to hold.