Taxes are high and some areas have net migration moving away from cold belt states that are more anti-business to more warm belt pro-business states.

Which tests the soil for toxicity and to determine the land is free from toxins, old oil tanks and anything which may be harmful in the land.You will also need soil borings to determine if the land can support a structureCheck with the Fire department to determine if they require any access roads and the weight it needs to supportUtility and water access and installationYou may need a plat of survey and topographical survey - this is likelyConsulting with the local building department to determine what items are required is the best approach.

Originally posted by @Charles Carillo:A perfect example of why you should have ample reserves when investing into real estate.How can landlords plan for a year plus of Politician backed anti landlords bills?  

As to "sodomite" and any (reprehensible) anti-gay attitude, I would hope that would be a huge negative to a judge but I don't know where you live.

Check out New York state’s “anti airBnb law” if you haven’t already.

I can give you all the pro-PM anti-Self Managed stuff you want, just like plenty of people can do the opposite.It really comes down to the type of investor you want to be.

If the agent were to make no improvements to the property and try to resell it there are 2 major problems I see. 1) They likely would have mislead the initial seller as to the value of their property. 2) This would likely violate HUDs anti flipping rule.

But pay close attention to overseas anti money laundering situations, the contacts you make from school will probably know more specifically.

A common number I hear is to at least cash flow $100/month/door but that doesn't tell you anything if you don't know how much the initial cash outlay is.I also know a lot of people here are anti-stock market so they're happy with anything that beats a savings account which is not the case for me.

.- Make sure that owner-occupants understand that adopting anti-investor type of policies know that in down times in the market (e.g. when they may really want or need to get out) this can hurt them significantly since condos and the like may already less desirable investments and blocking investors from making offers may hold down values.