.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.

It’s the smarter move, it would mitigate the risk a lot more if I knew more experienced investors.

There is always a way to pre-mitigate risk, but as investors there is no way to avoid all risks. 

I started exploring multifamily properties and various markets, which helped mitigate risk and maximize returns.By expanding my focus to include different areas, I was able to weather market fluctuations better and ensure a steadier cash flow.

- What should we look out for during the walk-through to mitigate unexpected expenses?

I have a small real estate portfolio and a long investing horizon as I'm in my early 30s.Thoughts on why to stop 401k:- no match benefit- returns are very low avg. annual ~5.5% last 3 years net of fees- can only borrow up to 50k from 401k - limited access to capital until retirement age Thoughts on why it could be good to invest in ETFs or general securities example instead(SPY) :- higher returns 9% avg annual last 3 years net of fees - access to capital - securities backed line of credit (could be used as another form of liquidity to continue purchasing real estate) - long-term mitigated tax liability - if you never sell the underlying securities and instead use the line of credit as a form of liquidity to purchase assetsIt seems like this could be a long-term strategy with limited tax liability. 

Since you’re dealing with a different currency, ensure you understand the implications of exchange rates on your financing options.Consider Partnerships: Partnering with local investors or using property management companies can help mitigate risks and streamline the investment process, especially if you're not in the country full-time.6.

By purchasing materials you can mitigate some of these risks.

., BRRRR) in most areas to make things work (and ultimately to get the best return); my hope was to find some more "turn key" properties to get my feet wet, but I'll see what's out there and maybe start with a more manageable rehab / lower price point to mitigate the risk of botching the work.

Then, you decide whether to accept that risk and how to mitigate it.Their credit scores are in the tank.