Originally posted by @Sandy Sawyer:I just found out recently that in Texas as a real estate agent, you can own a property management company, but you cannot do managing yourself.

@Sandy Sawyer, If the seller is behind on HOA/mortgage, is that something the sellers agent would have to disclose if asked? 

Off the top of my head, I would want to know about zoning, dividable, legal access, physical access, road agreements, easements, floodplains, utility access, wells, well agreements, setbacks, environmental issues, and soil tests.

@Paul SchanbacherThat bow is the wall yielding to the pressure /push of the soil and water on the outside.  

New septic systems can be crazy now a days depending on your soils.

One issue I have found is that if I wanted to put a support beam under it the area I would want to put a support beam would go in the soil of the bush and not on top of concreteAny advice would be appreciated, especially if you have dealt with something similar. 

I looked at an 80 unit in Jackson MS a few years ago 100% vacant Ravaged by clay soils..

Mount Horeb is notorious for rocky soil which can increase the cost of construction.

Different type of contamination. 

@Brad SandI forgot to mention an example of trading a marginally performing and less desirable property for a better potential.