Is it true that the bank would use the lot as collateral for a new construction loan @Troy Sheets Yes, the lot value as well as any soft costs like architecture, engineering, etc. can count as well with most banks.

Have a read A good friend shared this story recently; a nice story about effort vs. skill – a good reminder that in many areas of work/life time and outcome aren’t always aligned; especially in thedesign & technology space…A giant ship’s engine failed.

Tree work, sewer line replacement/ repair, driveway repair, electrical main service replacement, HVAC, plumbing (galvanized/ polybutylene/ lead pipes failing/ water damage/ mold), garbage disposals, appliances are only made to last 3-5 years anymore, even handy people want $65/hr now, etc.

Am a software engineer so I don't think developing would be an issue! 

Actual cost vs replacement cost.

I do not think that is a bad quote (of course this is coming from the person getting $5k-$7k quotes to replace a tankless hot water heater...). 

The contractor is required to provide a 1 year warranty on labor and materials but replacement contractors are difficult to find because they have to warranty all the work ... even from the OG contractor. 

Having 3 furnaces and 3 hot water tanks would take up most of the room on the ground floor where I had a small one bedroom collecting much less rent if none at all.I would have to replace 3 boilers and 3 hot water tanks when it's time.

Most recent issue (there are lots): Tenant lost their mail key and wants us to replace it.

By built correctly I am referring to SEO (search engine optimization), and the website programming.