Well I happen to love sandwich lease options but only if you're properly Capitalized, 4 to 6 months expensesFor Newbies that are actually broke no, no wayAnd get a lawyer because your local convention has a lot to do with your success

Sounds like I've got some research to do...I could split it and sell the lot to fund improvements/future investments, or develop the new lot and end up with two 4-plexes that could be sold separately. 

I definitely have a lot to learn

Equity Appr% has a lot to do with this and will change based on the property.Cash on Cash - Helps you compare your cash flow against your out of pocket costs

This is one of the reasons that any lotto winner loses their money pretty much immediately after they receive it. 

You have a lot to learn still and getting the education should be your priority.I am a big fan of KW.

This post will probably be a lengthy one since there's a lot to update on. 

I've only used an accountant for taxes since setting up the LLC a couple for years ago, and I was looking for any feedback on what is considered market rate for preparing the state and federal returns for an LLC filing as a S-corp holding 3 properties.  2017 cost $770 just for that return, which seems like a lot to me.  

Those things really add up and it may end up that you'd be paying a lot to keep a low cash flow prop in an appreciated area nearing the peak of its cycle. 

At the time I had a corporate job and was travelling a lot to Europe and South Americe and learned that not being in the same timezone was an issue when it came to managing small MFs.