I've got a lot more learning to do, but just would like to go ahead and get a reasonable perspective on it all.

No problem doing the class and test I’ve read the syllabus few times over the years to keep ahead.

Do you know these tenants are losers already and a head ache already.

First do not feel rushed.  

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.