So, almost surely not a build-able 1/4 acre on its own when you consider its modest size, odd shape, setback requirements and the easements.

It feels like you are trying to skip steps rather than doing the hard work of delaying gratification, thinking long term, and slowly building wealth.

I got voodoo'd by this on the very last house I bought, where I am *certain* the bank would have come down another $2k but the selling agent magically produced another offer that was going to come up $1k from the bank's offer in order to "entice" me to take the bank's "final" offer.

Admittedly, I failed on that last part but getting better!

Lastly, I do have enough cash reserve to acquire more property at the moment, which is my plan in the next 2-6 weeks. 

Now, I'm particularly passionate about apartment buildings that have 20 to 100 units.

This has a lot to do with your location, building class, etc.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I'd be happy to.iI closed on another SF last week, about 18% NET cap, closing on a duplex next week,  will be about 15% NET cap., My guys are walking 2 more duplex today!! 

It's a little bit harder to find new builds but it is possible.