The market was still pretty hot, I went under contract on this right at the beginning of the rate hikes and at the time many houses were still selling for over asking with shortened contingencies.

I have wondered, at length, about purchasing lots that are zoned R-2 / R-3 and selling off the the one or two of them and then keeping one for myself and putting a home on it.  

How much gain do you think you’ll have after selling costs if you sell?  

Keep your focus on how much a property is listed for, how long it's on market, and what it eventually sells for.

My husband and I owned and operated a Room and Board in CA where we housed 10 individuals who just got out of the jailing system or trying to get clean off of drugs.

Had he been transparent and believed in what he was selling, he would have responded with "Sure, no problem," and we would have been off to the races. 

We’re very hesitant to sell our house due to a 3% interest rate and the fact that we bought it for $200k and it would sell for $375k.

Well just ask yourself.....if you were selling your house, would you let complete strangers have access to the information on how to get into your house?

I would like to sell it as a rent to own handyman special.

Its a more saturated market now due to low barrier to entry and all of the "guru's" selling Arbitrage online to folks.