What's my next move or what would you do
So my real estate agent put me onto this site a little while ago and I've been trying to read up on this site at least 3 nights a week. So far I like what I've seen.
Here's my current situation. I own one rental property. It's a single family residence approx 850 sq feet. However it's on a rather large lot. I think the city has the frontage listed between 90 and 110 feet. The house in one one side and there's a triple car garage next to it.
So my question to you.. What's my next move?
Should I:
A) look into rezoning the property creating two titles move the garage to the back of the property (with back lane access) and put another house onto the now 2nd parcel of land. (There's one house just for sale down the block that is being sold , w/o the property and I could hire movers to move the whole house)
B) forget that project as there's too many costs and look into just picking up a BURRR through an auction or real estate listing this summer.
Earnestly awaiting your feedback... if you need more details to make your decision please let me know