Identify the zoning characteristics, political environment, and real estate market demand parameters for each parcel.With the wide variety of sites you delineate, there is a wide range of different development characteristics to research, design, entitle, and sell or build for each project.

You've identified the lender's title policy as a junk "fee".You consider the lender's underwriting as well as the preparation of loan docs/security instrument by the lender's attorney to be "junk".There may be a few dollars to argue about in that list but not these.

@Paul Yousef The benefit of cost seg is dependent on the amount of '5-year' property (i.e. non-structural components in the building) that can be identified, 'segregated', and accelerated.

@Will Driscoll , reverse engineer the down payment, closing, rehab cost, etc.. by identifying a property that you are interested in purchasing with target cash-flow / ROI and use the rental calculator to determine the necessary funds. 

Although each cycle has a peak and valley, every one looks different, making them hard to predict.Since you are in finance, I am sure you know that it is more useful to identify leading factors that correlate to real estate prices.

There is no simple answer other than being able to identify what is broken and the cost to repair it.Will you make money on every deal you do?

Happy Thanksgiving BP..Hey guys So I've identified a few properties that I want to take a closer look at and possible put an offer in so that I can rehab it, that's my end goal.

I imagine I want to use a local bank, local lawyer, and local management company (last is obvious) to the property (as an out of state investor).Do you get all these people in line first before making offers and finding properties or do you identify the deal first, then find the above along with the inspector, handyman, contractor, etc?

With OHAAT deals what happens is all the liens are identified on the title commitment.

You'll need to pull the plat as well as the easement you identified to figure out your questions.