If the contract waived the DD period, you're techniclly binding. 10k EM for a 320k deal is certainly a red flag in my opinion.

At minimum you should be talking to the planning and zoning department or whoever issues permits to get their take on things, and I would also talk to every city council person to see what their sentiment is. 

Purchase price: $98,000 Cash invested: $100,000 Sale price: $98,000 Vacant land zoned R3 with option to build 8 units What made you interested in investing in this type of deal?

My brother stays in a property zoned multifamily and has 4 basically huts on them.

Even if it's not part of the assignment, is there something you want to learn more about (e.g. construction, office buildings, multifamily, syndications, brokerage, zoning, legal issues, etc)?  

Hello, I have a duplex, which I'd like to turn into a tri-plex and wanted to see if we had any KC code experts on this forum. I also have a vacant lot, in which I'd eventually like to build a duplex, and want to see i...

We are doing zoning and entitlement now to start a new 4 or 5 unit multifamily townhome project to start construction in spring 2022.

Not sure if that right since my property is not zone in commercial use, but in residential.  

We may have an opportunity to turn a 16 unit motel into an apartment complex in CT. all rooms would be studios minus one 2 bedroom apartment that is existing. i have been in talks with the town's building department and just need to speak with zoning now. all sounds pretty promising as far as any hoops we need to jump through. does anyone have any experience with this?

Also pay attention to the zoning.