Apply for a dimensional variance on the vacant lot to allow a smaller lot and/or setback so it can be built upon.Your best first steps are to sketch a plan, possibly with an engineer's help, then contact the zoning department to discuss your idea with them to get informal feedback on your liklihood of success before you spend a lot of money.

@James Tobin  yes FHA will be a very low downpayment option for you.

I've asked a couple questions in the slack so far and have had almost immediate responses from very experienced members.  

Quote from @Jay Fayz: Hello everyone,I've recently been exploring real estate as a potential career path and I'm looking for advice on the best entry-level job to gain experience and knowledge.

Philly, like a lot of major US cities, is very block by block.

I’ve househacked a handful of properties and it’s truly the best way to get started!

It's always best to do your own research, just like screening for a good renter.Start by going to www.narpm.org to search their directory of managers.

Currently, I'm analyzing different markets to see which one will best match my strategy.

The value of the hotel is based off of how well it's being operated.My advice would be to get a job in the hotel industry.

Also, if a few hundred dollars in draw fees will make your deal go sideways, it may not be the best deal for you, especially as you are just getting started.I'm happy to share my experience as an investor and a mortgage broker.