(This, of course, depends on one's assumptions about future appreciation; the prospects of which I have my doubts.)

They can depend on the person and the property along with a multitude of other factors.

I guess it always depends on how much money you have, what you want to buy and what your strategy is. 

Really depends how you want to structure it. 

"East" Nashville can encompass a massive land mass and it all depends on who you ask what "East" actually means.

Oh yeah.......depending on how trashed the place is, you can spend an easy $5-10k on demo , hauling and clean-up.

Thank you in advanceDepending on tree type might be able to trade or sell for the workCost for all utilities and street will vary depending on the type of road you will have inverted or crowned. - how many catch basins you will need, hydrants   - etc.Very important you must utilize both sides of the road to maximize your effective cost for the road and utilities when building.

I really think that the biggest pros and cons depends on YOUR goalsI self manage my properties with the help of a VA and I like that I can be hands off now that my VA is trained.

The answer to your question is highly dependent on how many other projects your GC is working on at the same time.

Your experience may vary.