We need to be aware of the safety issues regarding the products we use in our industry as health issues from environmental causes effect not just our investment but our livelyhood

If sewer and water services are not available you will also need to meet with environmental health regarding testing needed to allow for lot split.

Here are some steps to get started.Step 1) Develop your Business Model (Who is your ideal seller, buyer, neighborhoods, etc)Step 2) Build a Team (Leverage their experience, Realtor, Attorney, Contractors, Surveyor, Home Inspector, Environmental Contractor, Architect, Structural Engineer, Stage, Photographer, Title Company, etc)Step 3) Understand your market like the back of your hand (Have a Realtor set you up on HOT SHEETS so you get automatic listings sent to your inbox and you can start getting a pulse on the market)Step 3) Find a Deal (Package the deal and show supporting evidence that it's a good deal, get an appraisal if you have to) Include the following: Company Bio w/ your team members on it, Property Details, Property Tax Card, Scope of Work, Pictures/Video, Comparables, Financial Analysis, Due Diligence Items, and Contact Information.Step 4) Find Private Lender Prospects- Sphere of influence, networking events, ask for referrals, ask CPA, ask attorney, etc.

You also want to be able to switch coverage on the fly between a property being vacant, occupied or under renovation as sometimes you might experience a longer vacancy than expected during a turn or have to do a more major renovation after many years.In this structure, it is possible to insure multiple controlling entities under one master policy schedule and obtain "excess" liability coverage in excess of your underline $1,000,000, in increased increments of $1,000,000.Also, all "personal" policies and "personal umbrella" policies have what is called a "Total Pollution Exclusion."

I can't speak for your analyzer, but the numbers that you provided look pretty impressive.I'd want to factor in the title search cost and the inspection cost, making sure there is no environmental or structural problems prior to closing the deal.Also, some counties/juridictions have sewer costs separate from the water supply line.Also, will you be maintaining the property yourself, including rent collections, or employing a manager.

The reason is there are many issues to research, like the actual cash flow of the business, environmental concerns, zoning, etc.

In more complex transactions there are other approval clauses such as getting permits or entitlement approvals, environmental studies or details evaluations of mechanical systems.You posted in the Rehabbing and House Flipping forum.

Environmental issues can be expensive so if they don't want them I probably don't either.I can find a sale transaction and take control of a property and pass it on using less than money for a tax lien.Heck, I can get an option on a note, get the loan refinanced, buy the note in a double closing arrangement and get a return on my investment that circles the moon easier than buying a tax lien, waiting and hoping, but that's me.It may be a hot aspect in some other places, it's another way to make money but it never got my engines revving.I'll go listen now, always up for anything new. :)

So this is a very, err, exotic question, but what I'm looking for is this:Reconstructable structures for a beach club.The thing is France has had some legislation passed which abolishes beach clubs (think Saint Tropez) that are kept all year round in "environmentally sensitive zones" (i.e. everywhere).They still allow licenses on leased beach land during the season (april-october) but outside of that, they need to magically disappear.Save from having a 400.000 EUR write-off every year, I believe there has to be another way.

You also want to be sure not to insure your rentals on a "personal lines" policy as you could potentially run into issues since anything you derive income from is considered a "business exposure" and they also carry a total pollution exclusion..