- What is some good general preliminary advice when jumping into your first investment? 

Based on this, they will opine on the developability of the site and give preliminary foundation recommendations.

When i first started lending in the mid west for BRRRR in 2002 I was talking to a PM in Memphis and he told me that stat and I was shocked I had a hard time with it.

I'm always shocked at the differences in how each states handles these types of things.

If it was not on the preliminary or final title report you have a claim.

The shocking part about it is how ignorant and lazy they are about RE Investing, but someone, somewhere hired them and is actually paying them to do something!

https://www.vrbo.com/3095954I'm shocked that they aren't policing these things. 

As someone who owned class B rentals in 2012-2016 in slightly better markets like Birmingham, Atlanta, Indianapolis, I would say be careful of this as you will get shocked by difficult tenants.

To date, our combined projects have yielded 320 preliminary plat approved lots across 101 total acres in three different counties and have generated a nice healthy return. 

I was shocked to learn in many cases the students are taught to associate with other GP's and provide services such as capital raising, dilligence etc.