Corner lot is 110' wide x 140' deep. house sits right in the middle and is 67' wide x 25' deep. the rest is backyard and front yard.

I have never looked at it from this angle.

I take photos that show every angle of landscaping, home, driveway, fencing, etc. 

@Adam Webb Without knowing the details of your market, if there is such a wide disparity, you are better engaging in a simple arbitrage trade (as you've pointed out) and buying duplexes all day long. 

Just an hour south in Colorado Springs, they're wide open.)Something tells me that Chelsea, Alabama does not have any rules prohibiting short-term rentals or Airbnb -- especially since you've already been doing it -- but you'd hate to go through with furnishing two more places for it to fall through. 

I would be remiss if I didn't mention, Only around 45% of FSBOs that go under contract actually close for a wide variety of reasons.

I’m just trying to think through every angle since this is a big investment for my first purchase.

The land is not currently accessible and requires extending a 26' wide curbed street (+ sewer & water).  

My partner @Ryan Murdock is going to request a variance so we can get 14-foot wide homes on the lots.

My thought for a number of years has been to “go wide” by buying my chosen number of properties, and then “go deep” by paying them off.