We are discussing just selling the home and the entitled land and all our architectural plans etc instead of continuing and building it ourselves.  

You can build credit based on how your parents use the card.

I am purchasing a house and 2.27 acres of land and from the same seller I am purchasing a second tract of 2.77 acres.

Cap Rate is 0.43%, and Cash-on-Cash Return is calculated by dividing annual cash flow by total cash invested.The property's annual cash flow is $1,268, calculated as $1,268 - $2,932 based on a 20% down payment and a 6.5% interest rate over 30 years.

I had a feeling you were doing Padsplit based on your configuration.

I use the oil based Kilz when I deal with pet odors. 

The houses are typically brick, 3 bed and ranch style and although there is crime in 38118, it has a strong tenant base and these are some of my better performing houses.

They will look at sales comps for similar properties and the price per sq', they will look at the replacement cost of the property, and they will evaluate the property based on the NOI and Cap Rate. 

Has some open land I can play around with.

For me, it's all about cash flow, so I am mainly interested in land lording, mortgage notes, or lending money to others.