In terms of new construction, a couple things to be aware of in San Luis Obispo County are water shortage issues and development fees/taxes which can significantly increase the building costs.SLO city and the neighboring cities are particularly diligent on their water usage, as most of the county's water supply comes from three surface water reservoirs and a groundwater basin.

Next was a warped vinyl floor related to a water leak.

I would recommend you get way into the weeds on your due dilligence- septics, roofs, subfloors, hot water tanks, drainfields, etc. 

(Please note that I get a significant MSRP discount on my S-W purchases) Emerald is great from a water-based standpoint, but is a lot more pricey and I have not been able to justify buying it for use in my properties outside of one 120 year old banister. 

During the inspection the water heater went bad, and my PM knew I wanted the property so she neglected a new water heater in the deal!

Wired internet cables for laptopsObviously towels, toilet paper, shampoo, body wash, etc in every bath Keurig for coffee if they'd like someGym in basement Washer/dryerLocks on every bedroomMaybe even a fridge full of beer and water

Thanks.I have a building with two panels and two meters and one water line.

If you read the 1-star reviews on BBB for Loopnet, for example, it's a bunch of apartment renters pissed that their water heater is broken and stuff like that.

Water Utility - 44 years ago when I was a relatively new real estate broker, a gentleman contacted me to see if we could help sell a small water utility he created.

I kept reminding myself, this is where most people stop, and this is why they don't win.Building a team around me helped a ton, I had a great lender and Agent, who knew what I was looking for and they helped me navigate this tricky waters.