You're already mentally dividing your future profits, but what if I told you that 95% of first-time flippers lose money on their first deal?

The question is could the parcel be divided later?

 Everybody that’s commenting and thank you so much… Personally I Figure out how long a roof is going to last take the price tag of it and then divide that and come up with a monthly cost of what the roof is on the house and I take that money and I put it into a savings account just like our use for the water heater and generally speaking I water heater will cost you about eight dollars a month does anybody else plan ahead like that?

Figure your tax cost basis on the day you placed it into service and divide the improvements portion by 27.5 every year. 

I put up a wall to divide a large bedroom into two and added a separate entryway to increase the number of rooms upstairs6.

Assume we fill them all, that's $3K/mo and $36K/yr in additional income just created divided by a 7 percent cap rate, we've just created an additional $514K in value to the property.

Is that based on business generated divided by number of posts?

To get a ball park figure what you should pay for the property, divide the NOI by the Cap Rate.  

They will do what is necessary to divide the land, on paper at least. 

In addition it may save you time and money having to justify how and in what amounts you divided the electric bill.