Since then we have removed walls, replaced about 90% of the electric, re graded the yard, installed new water line to the house, landscaped, (including moving 20' palm trees w/ shovel and pick up that were free on craigslist), insulated, etc....

Not my cup of tea but different strokes for different folks. 

Flippers might see annual earnings ranging from $20,000 to six-figure windfalls, depending on their skill, market conditions, and a bit of luck.Rent for the Win: Buying rental properties and collecting monthly rent brings in steady income, like a reliable money tree.

If so, then what I would do is- 1) You mentioned 'wooded' lot, so depending on how much wood we are referring to, I would seek and get bids for selling the wood (I dont imgaine it would be much if anything at all cosidering .34 acres) additionally, you don't want to get rid of every tree; 2) When you split, you can certainly put restrictions in the new deed, i.e. any future structure being build most be between 1,000-1,500 sq.ft., must be single-family use... etc., etc. 

(Joshua Tree, CA). 

I just don't go there.....Actually, I'd have to say that I have been an old Republican, not a Tea Party type, and gravitated to the center or it could have been that others moved so far right that I feel like I'm in the center...LOLI like aspects of both sides, but I'm just hearing more muck/misinformation on the elephant ride.So, that was to clear up any thought that I might be a far left socialist, I'm not.

I once bought a piece of land that unusable because it was the land set aside for the HOA community to have enough trees. 

The home in Joshua Tree I bought in Oct 2020 went from 225k to 500k in one year.

Trimming up an old tree does not increase your cash flow.

If the neighbor’s tree is in fact causing the damage, this is a slam dunk trespass case.