Also the value of the land exceeds the value of the house ie. 32acre parcel  and a small 3/2 house

A true cost segregation study requires a qualified construction engineer or architect to perform a site survey, deconstruct the property on paper and reclassify every asset (there are hundreds often thousands of individual assets in a building, even a small rental) which would take 30-40 hours on a small rental and a few hundred hours on most multifamily or commercial properties. 

If you can't handle stepping in to a grocery store or attending Sunday church service without a dog in your pack, you may need to be medicated and under constant supervision.I'm prior military and a combat veteran.

Based on my credit, income, and a few documents I had to provide they were able to get me the money in 5 business days. 

One of my quads has a 31-year tenant and a 25-year tenant, I think they are going to live there the rest of their life, they are under rent control. 3.

They'll call it a solid "B" area when it's a "C-" area; they'll say it has great space for the price, but the rooms are all chopped up and not very usable; they'll say it has great amenities, but those amenities are a 30 year old dishwasher and a central hvac system that groans and clanks when it turns on.

Like Chris said most people are attracted to the idea of getting rich quick without a lot of work but especially when you're starting out there is a lot to learn and a lot to do.

This is great detail and a lot of the reasons I like the thought of renting by a military base!

I need a local architect to draw up plans and a GC who is experienced with these types of loans. 

I have a letter of commitment for purchase of the existing house at 130k and a national builder that's wants the five remaining lots at 33k each.