Ideally what I’d recommend and what we do for the majority of our holdings is - When we first close on the building we do a cost seg survey “as is”.

Chris,Great post and appreciate the effort you put into that survey...that is very helpful!

I guess I could run over there and survey the disaster personally at 2 AM and miss a whole night's sleep. 

I bet a survey on BP about number of people tried wholesaling and the number who succeeded  using it as their only source of income is probably closer to 1-2%.

So I did the usual rent survey to determine market rent was $1800. 

As far as land is concerned, make sure you get a Phase 1 environmental and an ALTA survey as part of your due diligence.

Has anyone seen a property survey where an adjacent property cuts into your prospective property?

Basic RE law, deeds, transactions, tile examinations, encroachments, encumbrances, liens, assignments, RE financing, surveys, legal descriptions, conveyances.....but the really important stuff is in the beginning, what RE is, why it is valuable, what improves a property, why it is marketable, valuations and the different interests held in title that are basis for all investor strategies.

Unfortunately, some landlords learn it from first-hand experience.According to the TransUnion, only 43 percent of landlords surveyed use credit checks as part of their leasing process.

I understand the process can be lengthy (zoning approval, surveying, new parcel # approval).