I’m Julian, been in the game a few years now, grounded in Omaha but I’ve ended up helping investors find their footing in places like San Antonio, Austin, and Phoenix too.

This is where smoke/CO detectors, grounding, electric garage door reversers, and other goodies came from.If the municipality performing the U&O calls out an item, Seller is stuck with resolving it either by fixing it or negotiating it with the buyer.

Quote from @Jonathan Greene:I have never built from the ground up.

Gatlinburg is ground zero. 

I started my OOS HML  career in Detroit and that was 2002 and WOW coming from our area what an education I got.. my clients that were doing turnkey at the time and all the buyers were out of state ( basically LA based) the local on the ground operator was very good he had all sorts of tricks to try to keep the houses safe.. the one i really liked was painting the copper pipes grey so thieves would not steal them..

Note that water penetration is not limited to flooding from rising water levels on the ground in a weather event.

We helped him with a Couple ground up New construction Rentals and He Can use The two property's as new construction experience but not us, this is what had me perplexed.  

My prediction that these "bans" and regulations are all going to pretty much converge into reasonable middle ground regulations (mostly including taxes fees) is still looking very good. 

Without proper boots on the ground, your property will never get the proper love & respect it truly deserves (I get it.

Also have you been able to see the property in person or are you relying on an agent to be your eyes and ears on the ground?