While I have not heard the term 'paper lot,' I'll take a shot at it.The subdivision has been engineered, drawn, surveyed, approved by the municipality, filed with all offices (D.O.T., county surveyor, water district, etc. but no work has been done in the field.

I think rent survey is going to say $1250 which is too low for $132,800 loan with tax and insurance payment is $1319... devil is in the numbers 

I did a national survey with about 50 successful investors from around the country on what they were currently paying for labor and materials, and I updated pricing based on the responses (prices in the original book were from 2012/2013). 

To start the process they require: 1) letter of intent; 2) lien release proposal written with attorney or title agent; 3) survey with descriptions of before and after.

If it's a larger lot or having a hard time selling, a survey might be helpful to get it sold. 6.

Freddie Mac: "The appraiser may also need to consider whether the income approach, cost analysis, market surveys or other methods are appropriate for supporting adjustments.

I was worried for a minute when the county mailed a survey to me asking how I felt about STR’s, but now that the review of their system is over, I feel confident that they won’t make any more major changes here for a while.

He said there is another, cheaper option where I basically fill in a survey.

We sent our surveys for going smoke free, and might start with one building going smoke fee after 1 year.

Title, insurance and surveys are two of the most important tools you can get when purchasing a property.