In 2021 this split likely could get an experienced investor, but in 2024 I would pass.note 75% of nothing is nothing.  

I haven't experienced burn out, or at least what people think it is.

I attended the RALA 3-day training in Phoenix and took a couple of online courses as well, and while I found these courses to be very valuable in helping get a clearer understanding of the space and what it might take to be successful, I eventually I found it most beneficial to bring in a partner/advisor who has built residential assisted living facilities here in Texas and has been running them successfully.

However having developed many subdivisions myself I was able to work with my client ( who is a very experienced civil engineer that did projects in NYC) So determined that with the base zoning it was not a matter of if it was how many and how  long to get approved.this is probably one of the top 10 markets in the entire US for new builds you would not have Toll brothers there if it was not.  35 minutes or so West of Dulles and all the high tech in that area..

The right team should have every system in place for you to be able to go from novice investor to experienced investor after one deal.  

Check out other online guides available here: https://www.biggerpockets.com/guides3.

I was told by a local experienced investor that insurance companies will always go cheap with paying out to contractors in the event a property needs to be rebuilt. 

Online payment. 

So even though our right better get half back then none and or be in the hole like your experiencing.

Now granted if your experienced and paying cash and know your market.. that's one thing.. but the answer to the original question is   IT DEPENDS  LOL..