He will tell you, INTER ALIA, that you want inspection, financing, attorney review, title review, insurance, environmental, and survey review.Second, get a GOOD home inspector lined up.Third, get your banker lined up.THEN you can start looking.Also, keep in mind that backing out of a contract must relate to the contingency being used, and can only be triggered AFTER a good faith effort comply with/fulfill the contingency.

The Census ACS 5-year survey ought to help!

Having a background in Real Estate, Sales/Training in Construction Technolgy like GPS Survey/Layout and Machine Control/CAD Model Building, along with owning a Civil 3D Dirt Construction Company, I was very excited about the opportunities presented by Cody at Vestbright.

Then it makes sense to spend money on the inspections, surveys, contractor bids, etc.Financials - Review of the financials can be tricky, particularly when the current owner has not kept the books correctly.

Hi all,I recently posted about this topic and unfortunately did not receive any responses.I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?

Hey @Eddie Hincewicz, just an FYI, I did an extensive survey of a bunch of lenders and none of them would lend more on an operating STR vs a similar home.That does include if they have a permit.So anyone looking to buy, they would have to come up with the extra cash if the owner wants to charge more than the comps support.

Things like feasibility studies, site surveys and site selection will play a part in the success of the project.

Can't really argue, places like Indianapolis, Columbus, Dayton, even Chicago (despite the higher Illinois taxes and…all the fun that comes along with Chicago) can pencil if you find the right property.On a different front, though, I ran a survey a week ago asking where people are looking to invest this year.

He has bought the land and paid for design and survey work out of pocket.

I can't find it now, but that is what I remember.Regarding the transfer of the title, I did a survey of lenders a few months ago about valuation of a working STR vs just a house and LLC title transfers.I surveyed 10 or 12 lenders.