You will need a soil test, you will have to complete and file a plat map subdividing the land, you will have to make sure the septic systems are not too close to drinking water or other properties, etc. 

If you want a more concrete list, some of the worst ways to spend money (in my opinion):Going to the movies, buying drinks out regularly, trendy home decor (that will soon be out of style), buying a new car, eating out regularly, impulse buys (of basically any kind, to include travel unless it's an insanely good deal), books you won't read (if you know you'll read them it's fine), anything to "keep up with the Joneses", basically anything that won't last. 

Some of this feels like drinking from a fire hose at times.

Let me know if you're around, and lets grab a drink in the Gaslamp Quarter. 

I'd be interested in connecting with those of you who are active in that market if you are willing to chat over PM, do a quick phone call (10 - 15 mins) and I'm also more than happy to invite you for drinks if you live in the Bay Area like me.

And those that get behind almost never even stay even after that, as their rental debt becomes a number they don't think they'll ever pay, vs. the current utilities, phone bill, cable bill, smokes and drinks, etc.

-Call them weekly or bi-weekly to check in (if they do not answer I leave a message and follow up with an email)-I always get back to them on any deals they send me even if I plan on not making an offer, feedback is critical and if you want them to get back to you on deals then you need to get back to them on the deals they send you-I meet with brokers face to face in my markets every other week (I do not live in the market I invest in), whether it is touring a property or just having a quick coffee or stopping by their offices to say hi-Host social gatherings and invite brokers to meet with local investors and buy them drinks.  

Or lease one insteadDon't take out a student loan.Don't add anyone to my cell phone plan.Don't waste time partying and drinking Don't buy jewelry, rims or sound systems Hang with the nerds insteadtake out my real estate license ASAPsave all my commissions for a downpayment while living in mommas house for free once I have enough saved to house hack a 3-4 unit purchase my first propertybuy 1 property every year for the next 10 yearsthen party and travel the worldAnybody have a time machine I could borrow?

I am not certain 19 year olds know how to manage a home but most concerning is if they drink, am I liable? 

I do have a local loan officer, whom I have drinks with from time to time, that will work with me as much as he can.