It is near Woodland Park which is having problems with allowing new permits. 

The last you want to do is make an enemy of the firemarshall as they could permanently pull your permit to be able to rent at all.

Also if this property is on septic that also can throw a wrench into the ability to call a space "a bedroom" as septic systems are sized and permitted based on the bedrooms.

Insurance- coverage for new engineering, permitting, etc8.  

I develop land in Nashville from finding the deals, getting all the entitlement and permits, financing it, to building it in house with my GC license.

Basically, "wholesaling" is no longer permitted. 

No lending institution or bank would be permitted to operate with those ratios.

The foundation was already approved, permitted and finaled years ago for a 3400 sf house, and its solid and I won't be building directly on the overhang edge; but rather back away from the edge a few feet to prevent any load issues all the weight will be on the longer sides of the existing footing.

See what is possible thru Special Use or Variance permits.4. 

Could put more pressure on 1c than just inventory or increase in permitting.