Those tend to have tons of environmental contamination clean up.

Without the experience you have to lean heavily on other mitigating factors, such as significant net worth, to address any hiccups, and the experienced crew, meaning a GC that had some projects with the lenderAlso, keep in mind that when it comes to construction the hard costs (building) costs are only a portion of the total - there are impact fees, attorney fees, permits and inspection fees as well as soft costs like architects, engineering, environmental inspections, appraisals, etc.

In this case, it's possible a tank was removed 20-30 years ago, and no one tested the soil or perhaps standards didn't exist then for it (not sure...I'm not a LSRP and don't know the history of state regulations for environmental issues).  

Primarily a specialty market I assume for those environmentally obsessed renters.It's a interesting concept but not really popular enough to generate higher returns at this time I would think based on higher initial costs to build.

I would go to the dept in charge of environmental concerns in the county.

James As you can see from your chart Gold price today still has WAY TOO much expected inflation built into it.Supply and demand can be distorted but not defeated.I think the equilibrium price for Gold is probably about $775-$825 But the artificial high price for the last few years has driven supply way above an equilibrium level.I would not be surprised to see gold drop way below the equilibrium price as a pendulum swing artificially low for a while.Look at oil prices production was held low by OPEC and our environmental policies forcing an artificially high price for years.

Land contracts are usually different, but no less complicated, particularly when it comes to mineral rights, environmental issues, due diligence, zoning, etc., especially if you're purchasing four separate parcels as a bundle. 

It's not simply the acreage of a parcel, what can be done with it is affected by many things... road frontage, environmental factors, easements, etc.

I put the environmental Kohler in ours.

Generally you will need a team of people if it is acreage including a surveyor, civil engineer, environmental professionals, and attorney that do land development.