Also, depends on what are your capabilities and skills. 

Appraisals are done by professionals that perform a thorough analysis including location considerations, zoning, comparable sales, and any potential restrictions on development.

PS: The empty lot has no value to you whatsoever unless you have the skills to build or flip to a builder.

Develop strong negotiation skills. 

You could also convert your 401k to a self-directed IRA to invest those funds in additional rentals.You'll need to discuss more about doing all this with the proper professionals, but it is an option.

While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

Important to note, I am provided full access to all of the meetings and pre-development functions to grow my knowledge base while I am getting my personal financials in better shape to purchase properties I view as better long term investments. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

You have mad GC skills that we did not have.  

Once it's approved, a sheriff will serve the eviction notice to the tenant, and the paperwork will include the date and details for the eviction proceedings.If you prefer to use a professional eviction service feel free to DM me for a few references.