My only concern is that between the research I've done and the large amount of feedback and comments I've gotten from posts I've made in other forums/groups, the consensus has been that getting the appraisal changed by appealing or challenging it is less likely than hitting the lotto.

Cash flow sounds good but I have a lot to learn in that area. 

Sell the house and one lot to have the fund to completely build on the third lot with no loan. etc etc.

This community has a lot to offer!

You have given me a lot to think about! 

There's also less up-front financial risk and there's the possibility of it turning into a 'lotto ticket' property. 

A lot to explain here, so I will try to make it short and easy. 

Since I’m just starting, I know I have a lot to learn and would love to connect with different people from the community to hear more about you, your stories, and see what value I can add to other investors.Is anyone is open to a 15-20 min Zoom call to connect?

We have a lot to learn, since we are brand new, but we are very excited to enter the world of real estate investing!

This would be my first build and my first investment property.I know this is a lot to take on but there's very limited fourplexes in the areas that I'm looking.Any information and insight anyone has on rentals for the area.