It's tough to get ahead in life when you started out in a hole of debt. 

I got all my docs to you way ahead of schedule and you blew it.

Thanks for your time and replies ahead of time!

Add to that the cost of the demo of your existing property and if the properties next door are sitting on the lot lines, you'll need shoring, which is an additional, minimum 10K each.You'll have to look into how many sq you can build per unit, and then determine the value of those particular units.After you know what you can sell them for, deduct the construction cost, lot cost, financing cost &  holding cost and now you'll know if you want to go ahead with the project.A good architect will be able to inform you right away how much you can build, with only the address of the property, the zoning and preferable a survey.

Don't rush your next move, wealth is oftentimes slowly built, yet quickly lost.  

Monthly expenses of $2500 require an emergency fund start with getting a month ahead, the 2,3.

All you need to do is the 3rd property, and if you gave away 50%, you would be ahead...and still moving forward just as fast.I would still recommend that you pursue wholesaling, in addition to the partner/refi plan.  

I try not to get ahead of myself but I want to make sure I take action. 

To those that got teeth in the game or hobby looking to scale to an actual business this is a heads up.

I'd definitely be intested in hearing what your experience has been if you did go ahead and invest.