I'm not sure if this topic has been covered yet, I do see a lot of incredibly valuable posts on tear downs but haven't seen any on lots specifically.

As such, it is necessary to learn how to properly identify rehab costs and there are literally hundreds of threads on here on that topic, many of which I have gone into great detail on as have others.As an example, two identical houses on same street, model matches.

This topic comes up at least once a month.

Hello BP,I would appreciate any insight/advice regarding this topic.

At least in my experience.This thread may be helpful:https://www.biggerpockets.com/forums/52/topics/491641-nearing-1-000-college-student-tenants-heres-what-ive-learned

Usually, when I'm down in the dumps about some real estate related topic, I like to take a step back for a second and really concentrate on the numbers.

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

I know very little on this topic but have heard this can be a great option.

Here is a deal I did that shows what kinds of returns you can achieve.https://www.biggerpockets.com/forums/311/topics/780022-3-ways-to-wealth-in-real-estate-cashflow-flip-hold-here-s-how 

is there an AirBnB discussion category?