I want to at least cut this in half. 

I do have a question, i work a 9-5 and since i have no kids or an spouse, uncle sam takes a huge cut out of my paycheck each month (2K).

They also tend to stay many years, which cuts down on your biggest expense, which is turn over. 

Your debt service(mortgage), taxes, insurance, maintenance (cutting lawn,marketing,legal,etc) management cost... etc are $1000 but you rent it for $800, you have to pay the $200 difference out of pocket each month. 99% of the time this means you bought a bad investment.

If it would, then I'd not cut off the nose to spite the face.In general the process of splitting the parcel successfully is going to depend on whether or not your parcel is large enough to be split and both of the resulting new lots meet the city's ordinances regarding lot size, road frontage, etc.  

Today I drove my and noticed someone cutting the grass.

Points may also be treated differently between a primary residence and a rental.The $100k you are referring to is related to home equity indebtedness (home equity loan, HELOC) and that was removed with the Tax Cuts and Jobs Act.

To give you an idea of the extent of the projects, we ripped out the kitchen, removed a extra stairwell, moved a bedroom wall that was off the kitchen, cut concrete and added plumbing to make the bedroom a laundry room, converted the old laundry room upstairs into a bathroom for my daughter, stoned a fireplace, new flooring and carpet and ran all new electrical and piping to the new kitchen.

Quarantine has been the fuel but the fire started a while ago...I have always been interested in RE.

They are repairing a parapet wall, cutting in some doors, moving windows, removing an entire chimney and fireplace, etc.