It may be best to partner with someone that has done one before or somehow is a local expert on lot splits.If you can add a bathroom into existing space on high cost property it can add a lot of value.  

Do you see any cases where a non-professional could safely participate in one of these with the right approach?

By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!

On the rent-by-room question: that is correct, about 18-24 months ago, rent-by-the-room was okay in the DSCR space, but those times are behind us.

Well done for making the project work out for you.I have been working with investors in this space for a while.  

Just like any aspect of real estate investing, non-consumer lending at a large scale is a relationship business. 

I've been in the investment space almost 9 years now, and been actively investing in flips myself, the last year.

Hello, I currently have an empty space (about 12 feet from the property to the sidewalk and 8+ feet wide).

The "due on sale" clause is a non-issue here. 

What is the range of broker commissions charged to the seller on a small park 10-60 spaces ( 1-8 M sales price)?