Advice needed: RULES OF THUMB in first time purchasing land

[Shawn Choi]

Hello, I am a newbie in this industry that is looking to get into developing real estate projects in Orange County, CA. I understand this is a loaded question and most of the people on this forum are quite busy, but as a newbie who is only equipped with capital and a vision, what is the “rule of thumb” I should remember as I start out? Would you please share with me tips on what to consider when buying land for commercial projects? Again, thank you very much for taking the time to read over this post!