I was trying to be creative in how I can get that extra % in ROI so I asked a contractor I know to get a rough idea to run numbers and the first thing he asked is "is it dry?". 

@Ahmed SaadAhmed made excellent points and I agree with everything he said..You need to know your market you’re in a very Tenant friendly market consider yourselve lucky I have many landlord friends in NYC that their tenants are having difficulties paying rent due to Covid and stimulus drying up and they can’t do much about it your issue is easy to resolve vs a tenant unable to pay rent.

How much appreciation you think is left, in my case I decided the biggest appreciation is like behind it, and honestly and this is a personal question but your goals and overall financial picture and risk profile, in my case I felt making 120k in two years was fantastic and I’d like to take the win, I figure I’d keep my powder dry in case something else comes up, I figured I could still make a decent return in the stock/bond market.

Biggest downside for me is the shedding & pet hair that literally gets everywhere & is a pain to fully clean up.

The soil is often red, derived from igneous, sedimentary and volcanic rocks that existed in the area thousands of years ago.Soft soil like this can be of concern over the longevity of your foundation if you don't ensure it is properly protected.If the soil around your foundation gets wet, and dries out, that can cause the soil to expand and contract.

Plus dog hair on the couches.

You can NOT avoid the inevitable dreaded Human Hair.

Allowing pets (aka dogs) basically increases your cleaning time from all of the hair, and MAY increase your revenue.

I'm a land investor and typically I buy and sell vacant land to retail buyers, sometimes work directly with home builders, but I'm wondering if we get into a recession type economy if those two buyers will dry up, and if I should pivot to looking to work with land bankers or people who are interested in land banking.  

The vacant half is configured as a large high-end hair salon, the other half is occupied by me.I'm really excited to have my first interested party.