We are fortunate that land development is something we've been doing for several decades, but each site presents its own challenges and rewards. 

I told the PM numerous times verbally and in emails “It has a sprinkler system.

It all comes down to the actual opportunity presented, and understanding those risks while balancing the possible reward.

Hi Anne,It all depends on your own goals, if you really believe in the area, have done the work and have come to a conclusion that your money is used best in an asset here, then do it.Theres no reward without any risk.

If I purchase this cabin, I want to do a complete update which would require parting with most of the furniture, so I have a few questions:1.How do new owners remove large and numerous items from a cabin if you are remote?  

These projects are poised to create numerous jobs in engineering, construction, and maintenance, leveraging skills from the local energy sector.In addition to its environmental impact, this project contributes to the local economy by offering new job opportunities and supporting workforce development through collaborations with the Kern Community College District and the California Renewable Energy Laboratory.Rep.

There are numerous state and federal laws related to buying and selling mortgage notes as well as originating mortgages/contract for deeds etc.You have Dodd Frank as well as numerous other consumer protection laws that you have to deal with. 

I'm hoping taxes/insurance aren't part of the loan so that I can put some credit cards to work and leverage rewards etc.Also, I've seen 1st lien Home Equity Loans, but not 1st lien HELOCs; hoping that product exists, at least via credit unions etc. 

Not only was the networking extremely valuable in pushing me forward, but I can honestly say after attending numerous conferences (like you!) 

One thing to note is that property taxes are much higher, and the city enforces rental inspections more than any other market I am aware of.Having owned 100 unit rental portfolio's previously in numerous states, I think that DSM, and suburbs have incredible upside, but the key is management.