Even if the tenant is low maintenance, CAPEX is occurring every day.

The sale of the subdivided land and the house will probably not occur within 2 years of each other, so the IRS will not consider the appreciated land as part of the home sale.

So we're going to Airbnb if we're going to do this we're going to have these events we're going to have a gala and we can live in the garage while the main house is rented.

Why try and save a few bucks when you could potentially save your asset in the event someone enters the property and steals from your current tenant or worse? 

Stop buying classes and going to events and get in the trenches.

@Chris Searcy I'd encourage you to look on eventbrite.com, meetup.com, and https://www.biggerpockets.com/... for meet ups and networking events in your area. 

The first is, in the event of a partial loss, the claim is reduced by depreciation of the area damaged. 

In the event that the tenant still doesn't leave, what is the next course of action that I can take?

Tile roof, stucco siding, no weather events and 20 year old housing stock makes a big difference. 

PRICE ESCALATIONIn the event of significant delay or price increase of material occurring during the performance of thecontract through no fault of the Contractor, the contract sum, time of performance, and contractrequirements shall be equitably adjusted by change order in accordance with the procedures of thecontract documents.