An inspection is crucial to catch any major issues upfront.

@Eric Huntermark There are two big issues to be a real estate investor.

It is right on the fringe of being legal/illegal, and lawmakers have been talking about how to regulate it for years because it can be a dangerous process that leaves end Buyers feeling like they weren't represented.....especially when they see the closing statement and find out how much the wholesaler made just by getting to the Seller first. 

This second defeat at the ballot seemingly left WIP with few options, and it was looking like they way overpaid for this land that in it's current legal state could only be used as a golf course or park. 

For example the license should not only have a cost but also require at least some compliance training targeting some of the most common issues/complaints.

Really your advantage is using your legal prowess to better appraise future deals. 

Depending on the severity of smoke damage and structural issues, it could be a huge challenge for first time flip.

That might even be enough to make it hard to be hired by a traveling nurse agency.BTW, I am not a lawyer that can give legal advice.

Hitting these targets could be the key to unlocking lasting investment returns.Before diving in, developers need to complete pre-submittal steps, including issuing a "Notice of Intent."

Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.