This typically comes into play with big banks (Chase, etc) who are buying the loans to place them on their balance sheet.

Even though we have good LL-T statutes in place in Florida, some judges play loose with them.

However, I received some feedback from one of my partners that the play here would be for an investor to subdivide or re plat the land for a multiple tenant situation.

A lot of new constructions are more of equity plays than cash flow plays.

From there, you could do a cost segregation study on that property which will lower taxes for that year and potentially create additional carryover losses.Always options to keep reinvesting assuming the equity is there to keep playing the real estate market 

I I am playing with different scenarios and want a back of the napkin number I will use https://www.omnicalculator.com/collections/real-estate.

It's pretty plug and play and then when you get the full report, it's all in one PDF.

If you cant turn a decent profit on a monthly basis, it's not a great long term play and you should sell the property.  

Again, this is where weekly email newsletters, monthly physical newsletters, etc come into play.  

I think the play would be buying a property that needs some rehab and you can split off a new lot due to new lot sizes and setbacks.