The end of year 1 helps to affirm that you are on the right train track.

The risk seems to be less as you would vet the operator to make sure they do what they say they can do and have an established business with track record. 

@Mark Rairdon, as others have said it will help you track things for tax purposes but otherwise in my area only thing that matters is the title 

Hey @Dan Throw, I think you are on the right track but I think you are looking at a rather expensive piece of land near Hayden.

Government has no place regulating private property unless it is causing a legitimate and proven nuisance.

That is a real cash buyer (proven by public records).Next, when you have discussions with these buyers as to what they want, make sure you get the financial feedback from them as well.

The first one can be the most challenging as you're building credibility and broker relationships - hard to go into it "brand new" but easier if you have a partner/coach that you can leverage their track record. 

You're on the right track with your thinking.

We sometimes pay private detectives to track people down. 

We put together an Excel workbook to keep track of lenders, contact details and terms (including minimum amounts) that we can use to look at deals.Reach out to the BP family if you want a second check on a deal or two and we can back you up