Environmental risks: weather/soil.

This could cause water run-off issues that would lead to water pooling or eroding soil around the house (or your neighbors).

(appraisal is 4x, soil/environmental testing, etc)  Also find out what they require for reserves. 

My wife and I are new to the real estate market, having purchased our first home in Sandy, UT recently. 

You're going to the one in Sandy Springs?

We have been very successful over the past 2yrs in war zone areas and We enjoy the mystery presented with every deal/property and networking with other like-mined people to build relationships for long term prosperity.....Sandy H

If your in a real sandy enviroment, or they spray a lot of salt/sand on the roads, do consider that your tenants will most likely walk in with shoes onto that immediate area- expect that area to have wear and tear.

Others will abandon them for the city to demolish them which will continue the cycle of releasing lead into the soil.

@Sandy Blanton, if you are looking to purchase notes make sure you connect with @Dave Van Horn he really knows his stuff.

url=se...RE is like the IRS tax code, alot of it is really boring but necessary.Read this from IRShttp://www.irs.gov/taxtopics/tc701.htmlLook here for escrow title languagehttp://www.amazon.com/Sandy-Gadow/e/B001HCZJYWGet a barrons RE bookhttp://www.amazon.com/s/ref=nb_sb_noss_2?