We've found they often attract a stronger resident/people will treat them with care & stay longer as it feels like they have their own home. 

@Jeff Stansberry Jacksonville has several small multi families but they rarely stay on the open market.

I hope the best for your success and you continue to stay plugged in.

Buyers seem much more aware of flood risks now, however, and they are passing on his property even though he's baking the flood risk into the price. 

I wish you luck in being able to work part time if you stay doing what you’re doing you’ll be there before you know it.

Their wives are stay at home moms and some have their kids in private school .  

I would try to stay with nicer areas and higher rents. $800 and up.

If you built a triplex next door you wouldn't necessarily need to split the lot if you were looking at a build and hold scenario and you could get owner-occupied construction financing.Doing 5 or more units on the same parcel puts you into commercial loan territoryYou could however potentially split the lot and then build a four-plex next door and stay within residential loan guidelines.Construction loans in my area typically lend 60-65% loan to costYou may have enough equity in the house to be able to get that 65% financing without any cash out of pocket.If you were able to split into 10th of an acre lots you could phase the build out of 6 single family homes: BBRRBuy, Build, Refinance, RepeatGood luck!

@Linda Malavet Not that I am aware of.

Stayed in East Nashville with some friends on the way to this music festival in Franklin.