Initially the numbers were 40k for rehab cost Lessons learned?

You buy it and now go to look at your beachfront and see a dumpsite of shingles or tires, that will cost you more than the lot is worth to clear out and maybe have the EPA just waiting for someone like you to jump on with fines for the cleanup. 

Costs and Timeline: The process of splitting and developing lots can take time (1.5 years) and may involve significant costs for permits, construction, and other development fees.If you want to learn more about how SB-9 can work for situations like this, check out our website "CityStructure" for more info and helpful resources.

There is so much free and low-cost information out there.

There are ways to mitigate the costs and protect yourself to the extent possible.

If you've dealt with this how much did it cost and how much time did it take to resolve it?

Cities with limited land for expansion have higher appreciation than those with abundant, low-cost land where new construction is preferred.

Not sure what your monthly cost is, but every vacant month it costs a lot trying to make that up. 

RegardsGokhanDid you do a cost segregation study last year? 

Here there is no high maintenance cost for repairing homes, but your lose some control over the quality of the tenants.