is really good, but make sure you consult with an investor friendly agent, and you could make the better decision with more clarity. shervinrealtor.com

Consult a financial advisor or real estate investment expert for suitable advice.Good luck!

Consult your risk tolerance before making any real estate purchase decisions.

I have a phone consult with a tax attorney cpa tomorrow, hoping to determine capital gains if we sell but wanted to get some thoughts first. 

I recommend that you consult with a tax accountant specializing in real estate taxation.

I would consult a real estate lawyer since I am not one. 

I would find an accredited land consultant and ask them to advise you.  

I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through &  find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.

The fact that a lot of this data is now estimated has a lot of market experts calling into question whether this data is reliable—and provides an opening for entrepreneurial people and companies to look for other ways to measure the data.Fed meetings, minutes, and media interactionsWhile Federal Reserve meetings are when specific rate changes (or no changes) are announced, by the time the actual announcement happens, markets and rates rarely change too much since the move is generally predicted and priced in.

If you don't already have a preferred 1031 intermediary to work with, we'd be happy to give you a free consult whenever you're closer to making a decision.