The options are, demo the lot, split the lot and then sell 2 lots to the builder or build myself.

Non-investors focused networking groups are also a great way start building your team in the area.

Quote from @Victor Yang: Hello all,I am looking to buy an apartment building.

You could build or flip less expensive units and sell them to your clients/occupants over time.

In order to have this approved as a 3rd unit we will need the city to come out with a building inspector - who will outline everything we need to get this approved.

The seller has the two lots legally separated, but due to deed restriction imposed by the subdivision development, found that building a house on the “tennis court” lot was not allowable. 

Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.

Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!

overbuilt. just google Austin and over delivered or overbuilt and you'll find your answer. strong market, expensive land, expensive to build. 

What are some questions that you can ask to each of the required team members(PM, Agent, etc. ) to ensure that goals align and they are best fit.