Adam,I would put a team of great people together to see what would be most beneficial for the lot, to build whatever is the highest and best use, and to obtain the type of return you and your partners agree on.

I think the change actually has a lot to do with the amount of competition for paid advertising now.

I have bought property in SC for a few thousand and then sold it in on Ebay with a Quit Claim deed and doubled my investment.I recently sold a lot to someone in my local real estate club who understood tax deeds.Maybe the land would be wanted by an adjacent property owner.I sold a lot to someone that just wanted to put a mailbox on it so their kids could go to that school distict.The land just needs to have value to someone else to make it a good investment.In general raw land is harder to sell than a property with a house on it.Also watch out for unbuildable properties due to things like flood zones or flood ways.I would factor in 4k to quiet title whether you need to or not to limit your risk.

SB9 doesn't allow every homeowner to split their lots, it allows the ability to split any lot to be completed as a ministerial transaction.

@Paul Kim aloha Paul, there’s a lot to unpack there.

Honestly, I'm feeling a bit confused about my calculations and either feel like I hit a jackpot or am missing a big piece of this puzzle.

It means a lot to have you say those kind, encouraging words.

I agree with most on here that BP has a lot to offer that is free of charge or low cost, the big gurus will suck you in and keep taking your money, and although I think they do teach along the way it can get expensive as it seems like each seminar you go to they try to up-sale you on the next niche, Don't get me wrong there is nothing wrong with generating multiple streams of income, but for the student it can get expensive and most of the gurus underplay how much work and stress it can be, so for that I think they could do a better job at not misleading people into thinking that it is a get rich quick scheme.It is a huge turn-off when I see an infomercial for one of the gurus and it start out by showing him drive-up in a $200,000 car and then show all the checks from the escrow companies where they got paid and show 4-5 testimonial of people telling how easy it was, not once did they show the 90% of they student that did not make any money because they did not understand going into the seminar that it was not as easy as they were led to believe in the infomercial, the guru will tell you that you don't need any money to start, that is not true even if you do wholesale you need marketing money and that can get expansive.So I feel that if someone thinks that REI is for them then start with BP, read all the free stuff here that you can and put that into action and you make some money and want to stick with REI, and you still want to see what the gurus have to offer then go, at least you will have enough knowledge to know when they are trying to separate you from your money with nothing in return. 

I’m sure the area / location has a lot to do with it but just wondering from a general perspective

Marina, a lot to sort through but in the end ... since you changed Ins companies, you only have since Jan any "storm" related coverage!