THAT land now was common ground for the timeshare association. 

I want to hang onto this tenant as long as I can since they are literally the ideal tenant however given that they may want to utilize a smaller lease term I need to insulate for vacancy and turnover cost.

In MN it’s common to test for radon. in Nevada it’s never done.

Then I set up Cozy to collect first months rent online and utilities must be transfer to their name before handing over the keys.  

Also, I avoid flat roof, multi units with common HVAC, prop in flood zone, crime area, etc. as they are either too costly to fix that don’t worth investment of time n money or just can’t be fixed, period.Anything that comes mind to flip switch off for further analyzing that property or filter out before even begain to analyze?

One thing I’d add to the list is that utilities typically aren’t on which is risky + a major pain when you transfer title.  

This is common .Good deals pop up when you least expect it .

Residents pay all utilities as of now and commercial pays own water as well. 

In both my wife's culture and mine, landlording is much, much more common as an investing strategy than speculating on the stock market.

Municipalities will Not be common buyers for vacant land....not sure how you came to that conclusion.The vast majority of vacant land you can buy this way will have No value to a builder.....there is a reason people so often let these properties go to tax auction and it would be very difficult for you to determines the paths of growth and what would be desirable to a builder/developer.