Fire suppression, wood structure, nearest fire hydrant, etc.  

Depending on it's initial condition and your appetite for living in a construction zone, this is an option as well.

Develop a keen sense of financial acumen and a ravenous appetite for opportunities.

My appetite for risk isn't low but I do not want to be overly aggressive given where we are in the market cycle and given the fact that this is California.

Legal- permits, zoning, EPA, OSHA, Handicap, any grandfathered in items which you will lose such as fire sprinkler noncompliance; Kitchen or Stove fire suppression, smoke detectors, carbon monoxide detectors, maintenance/inspection checklists, C. 

Collaboration between private and hard money lenders facilitates the exchange of technological best practices, promoting efficiency and transparency.Challenges and Future Outlook:5.1 Challenges:Despite the potential benefits, challenges such as cultural differences, divergent risk appetites, and regulatory complexities may arise.

I assume there's no one-size-fits all answer and it depends on your area, finances, individual appetite for risk etc. but I'm curious if people have some rules of thumb here. 

Storm pondsStorm sewersUtilities sewer water electric fiber off siteUtilities on siteRoadsBillboardsRoad accesses- turn lanes, lights, crossovers, VPD  vehicles per daySpeed limitLeases  NNNFinancing, pi, interest only, construction loan, rent up, occupancy level, SBA, 1031, seller financing, OZ, Insurance, additional insured, construction, business income loss, Sales contracts,  due diligence, deposits, close period, call out, auctions, Marketing- preferred buyers, Crexi, loopnet, etcSoil compaction, concrete psi, footings, door heights widths, fire hydrants, fire suppression, 3phase, licensing ( can you imagine buying a bar but not getting a license)?

This allows you to safely minimize your risk category for next 5-10 years plus suppresses future supply and helps your longevity of consistent returns.

But, there's clearly money to be made for those with the appetite to take those risks on.