Since purchasing the home, housing market in my area has declined about 20%.

Save for a house hack in the meantime.

@Terrence StarkTypically the contract to buy the new house would specify that the builder/seller would deliver the type of plans you are referencing.

Would you suggest subdividing the property, building a single house, or building multiple cottages/ tiny homes?

$50,000 row house in upcoming Baltimore neighborhood 30 years ago which required full rehab.

Still green, but thinking a good niche would be housing close to universities and colleges.My long-term goals in Real Estate are to eventually get in to commercial properties such as apartment complexes and office buildings.For the past two years I have been educating myself on Real Estate investment.

Also, it is bananas that a house like that is one is only 849k.

It's something the wife and I are considering, mainly because our house flooded during covid and after the Austin ice storm. 

Hey Brandon,I had good success by getting equity lines on properties to access the cash to invest again. 20% is certainly not essential if you want to go lower there are many lending options for lower down payments, especially if you are willing to house hack!

**For context I house hacked for about a year after she passed away but couldn't live in that house anymore and sold it.