The fact is that flood insurance is usually pretty cheap.It should have shown up in the property survey, if not anywhere else.

Perform due diligence, including soil tests, environmental assessments, and surveys to ensure the land is suitable for construction.

Then it makes sense to spend money on the inspections, surveys, contractor bids, etc.Financials - Review of the financials can be tricky, particularly when the current owner has not kept the books correctly.

According to a Forbes article, " a survey conducted by Wakefield Research, found that one-third of Americans are more afraid to start their own business than to jump out of a plane!" 

The MEDIAN rents (50% higher, 50% lower) for the entire country are surveyed, collected and posted by HUD on their website www.HUDuser.org by either county or zip code in all 50 states. 

I recently participated in a Duke student survey detailing landlord experiences with S8 in my city, and I railed on all the problems, inefficiencies and contradictions in their stated goals versus methods.

I conducted a survey in 2005 when I launched my investor services business, and 13 out of 15 property managers described the same properties.

I made a lot of money on those but a monkey could have done the same with that market.Currently I work out of the house and contract out rental survey's and market studies for various property management firms, investors, and lenders.If you have any questions please feel free to pick my brain.

It will help to have a name to go to when you find a property.Get all your documents in pdf in a folder so you can send them quickly to the lender, (DL SS card if needed, tax returns, bank statements usually you can get current ones from your banks website)Pay off as much debt to increase your Debt to Income Ratio.One thing I understand in Texas is they need a survey to refinance or bank finance.

I work at an Architectural/Engineering/Surveying (AES) firm and regularly work on these types of projects.