Each of these has associated materials, examples, and comprehension checkpoints. 

We were based in West Berlin once & often travelled into the East through Check Point Charlie & that was depressing.

One of the benefits of traditional financing is that it requires an appraisal and is a checkpoint on valuation.   

Both pros and consPROCESS MANAGEMENTHave punctuated check-ins to prevent expensive reversals of major work (closed walls, etc)Some incorporate 12–13 check points for renos (dry wall, plumbing, inspection, etc)Include others on team as needed like architect, structural engineer, designer = creates system of checks & balancesGCs may oppose very specific timelines since much uncertainty with availability of sub-vendorsManage timeline of how long different team members stay on, e.g. architect may only stay on through primary buildIf GC is already working nearby on another property, reno can move faster by limiting GC travel time from other jobs, etcContractors not always great project mgrs — CDP reviewed manpower & timeline plan with GC, and gave input that took multiple wks off project timelineBe particularly present around property for finishings, and KNOW your preferences (outlet placement, etc)A good GC is very adept at managing inspections — knows what inspector is looking for, avoids common pitfallsKnow your “snowball” problems (e.g. one bad decision upfront impacts MUCH future work)MISCELLANEOUSFor foundation, can have slab vs stilts / raised — slab tougher for work like plumbing since limited accessWhat permits / processes can you look up and manage in advance / get started early on?

Maybe even a weekly call to discuss checkpoints and milestones.

This has lead to what feels like my first checkpoint / gut check / challenge.

I stress just as an extra checkpoint but certainly not the place from which to make a decision.

Before you get caught blindsided, be sure to evaluate permits and other legal regulations that will be financial and process checkpoints if you were to develop the property.

I've been able to help members in my group with their goals and they have challenged me to actually do what I feel uncomfortable doing in order to meet my goal check points.

Every business has a mission statement or set of core values. ...Identify checkpoints for goals. ...Surround yourself with the right people.