I had been dealing with them for several months due to the development of plans for a property I own.

How do you plan on handling that situation6.

Tax planning is the key!

It would cash flow nicely.One item to plan for from the beginning is the exit. 

I plan to live in the smallest unit and rent out the rest.

We'd love to escape the cold Dutch winters and enjoy a warmer climate.When we're not using the property, we plan to rent it out as an Airbnb to generate passive income.

They can offer valuable insights into the local market, potential rental yields, and specific considerations for a rehab project like the one you're planning.

Also are you planning to hold the lot?

Quote from @Richard Eric Hughes: My question is what ae you planning to do?

A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.