Appreciation is not evenly applied in a market.

Network Network Network (On the fourms, 1:1 coffee/lunch with local investors, agents, lenders, and in-person at local real estate meetups) - Here is local meetups listed in BP:  https://www.biggerpockets.com/forums/521-real-estate-events-...1. 

I have about 950k in properties.

In my market, median price for SFH is around 270K and median rent is ~1750K.

An example of this is I had one trash company that collected the same three containers for $90 less than the in place trash removal company. $90/month X 12 = $1080 increase in NOI, at a 10% cap rate that small change increases the value of that property by a whopping (1080/10%=$10,800)!

You’re not getting paid to buy it so it wouldn’t go through your broker but you better make sure you disclose you’re an agent to the homeowner in the contract.

In metro NYC, it's around $275/$300 all day. 

In general, if there's nothing in zoning or the deed restrictions prohibiting the division of the property, it's mostly just getting it resurveyed and presenting the new subdivisions to the local government (county usually) to have each lot recorded as separate parcels.

Some lines they will say have been "cut" but they put in a disclaimer on all sales that they don't know if a line might be cut.

I got started with private money back in 2009 and those were scary times.