LEGAL Preliminary Title Report Underlying Title Documents Summary of Pending or Active Legal Issues Parcel Map/Site Plan/Elevations All CC&R Documents ALTA Survey - Historical & UPDATED.

One builder wants me to survey the land and the architect told me it wasn't necessary.

And if it is residential then, as someone else mentioned, at least 3-4 months of tax and insurance escrow is usually required by lenders, plus in addition to the points and loan fees, the bank will require an appraisal and possibly a survey.

An engineer or architect with a survey can tell you where and how to build your home without too much issue.

Reasons why they don't close: 1. borrower doesn't tell the whole story 2. lender fails to ask questions 3. property in bad condition or C class and doesn't appraise for sale price 4. borrower believes it can rent for a lot more than the market shows 5. property weird/ancient crumbling/not habitable 6. title clouds...Here is what you need to start to work with for DSCR at many "shops":Loan amount above $110000, your mortgage FICO 680 middle, no forbearance/ no mortgage lates, market rent survey and rental agreement more than cover the PITI, you have a written quote for insurance, you have reserve money in your checking account, the down and closing costs are in your checking account, you have the vesting ready to go, property is not a rehab and is ready to rent, your lender broker has been in the business more than six years and can quote all the terms and ins and outs needed. 

I certainly would not purchase this property if I did not expect continuing rent appreciation as it is detached duplex (two tenants are typically twice the work of one) and the current cash flow is too low for me to justify the effort.So far the extent of our value adds has been rehabs with potentially adding bathrooms.I have significant confidence of continued rent increases over the next few years at least: 1) rents lag property appreciation. 2) vacancy rate is real low. 3) cost to add more than ADU is high - it coasts around $100K to break ground for residential in San Diego (permits, surveys, etc.). 4) Minimum wage increases already approved.  5) one of the best weather climates in the US.  6) rising population: one recent study had San Diego as 13 highest population increase of large US cities.  7) geographically constrained: Constrained by Mexico to the South, Pacific to the West, Camp Pendleton to the North, and the East quickly gets harsh.  8) good and varied employment: Hard to manage a employment category melt down that could impact the range of employment in San Diego.  9) environmentally diverse from mountains to desert to beach to happening urban center.This weekend I plan to send 2 rent increase notices. 

You may have to hold it for a couple of years, pay taxes and insurance for a couple of years, then fees to sell it...maybe a survey and title insurance. 

Your demographic consideration should regard your location in regard of Lake Lanier when surveying what is already available in regard of businesses in the area.

This data comes from the American Community Survey and is tabulated at the block group level, which is more granular than zillows neighborhood aggregate. 

I use the CBRE cap-rate survey, and the IRR Viewpoint report.As of the last Viewpoint, Class-B suburban multi-family in Minneapolis is 6.0.