Sewer line check for bellies, cast iron/ old clay/ offset lines, broken connections, roots, mud in lines, main tap. 

A large belly filled with mud?

I do 12+% below actual fmv belly to belly with off-market sellers. 

If you are concerned about the turn, buy fat deals.

(See guy that sued McDonalds for making him fat).

If the deal goes belly-up and your investors look to sue you, think about whether they could make a case in court that you didn't follow the securities laws properly.

To paraphrase Warren Buffett: there are no balls and strikes in investing, just wait for that fat pitch and swing.

Help.I have the Blackberry Curve right now.Pros: Has lasted through a few rehabs and is still kinda working, do not have to take off gloves to use keypad, has keypad rather than software keyboardCons: Internet sucks, MLS and BP do not work well if at all, trackball get dirt in itPhones I am looking at:Blackberry BoldPros: better internet, keyboard, blackberry software that I already likeCons: internet not as good as iphone, expensive for its age (been out almost two years), I think a new one will come out sooniPhonePros:Nice internet browser, small, light, large memory cap.Cons: My fat fingers dont like the keyboard, you cant use the keyboard with gloves on, phone is prone to scratch and fingerprints. and everyone has onePalm PrePros:Internet, Draws all aspects of your life to your phone, Linux based, multitaskCons:Lots going on, keyboard not as good as blackberry, have to switch to sprint (have ATT now)Am I missing any that can handle the internet of an REI and the construction of a rehabber?

In a nutshell, buying off-market belly to belly from tired or transitioning landlords. 

The other approach is to put the land under contract, and then get it entitled and round up buyers so that when you close, your bank account gets fat.