Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

He just helped my Doctor customer close on a Vacation home $1.2M home raking in over $125K in annual ROI.He is a Bigger Pockets member as well @AJ Wong

Not a good look.I expect better from Bigger Pockets. 

I've seen other posts on bigger pockets that discuss this as well.  

Once you factor that in, your small loss is actually a bigger loss once you need to do any repairs or upkeep. 

Welcome to Bigger Pockets Daniel!

Listen to the Bigger Pockets Real Estate rookie podcast... you wont understand everything at first, but soon it becomes like your own language.Meet people in your area... network.. tell them what you are interested in, you will be so surprised that people will show up to help you.Avoid the gurus who ask for money, PRO membership here gives you access to the webinars and calculators you need to make it make sense for a newbie. 

Making this particular bedroom bigger has three benefits: 1) bigger primary as I add ~100 sqft, 2) no need to change anything else except for face lift, 3) the garage is exactly below this bedroom and it's a single car garage, with this addition, it'll be two car tandem garage. 

Welcome to the bigger pockets community and good luck! 

Especially in bigger cities.