The purchase agreement should layout a time frame to complete some of these "due diligence" items.You will need a boundary survey and title commitment to verify there are no liens or encumberances on the property.You will want to hire a geotechnical engineer to verify the soil is suitable for building an apartment building.You will need an environmental engineer to make sure there are no contaminants (asbestos, mercury, lead, etc.) on the site, as well as wetlands and/or endagered speices.If you need to rezone the property we may want to consult an attorney and/or civil engineer to help with that.Depending on how many units you intend to build the city may require a traffic study be completed to determine the impacts to the streets and intersections.This is typically how we start a new site and it is a very general list of items.

The NAA Barriers to Construction Index cites numerous regulations, including those dictating land usage and environmental considerations, as key factors harming apartment construction.

Refer to FEDERAL status and gateway tendency to move onto opiates, meth, LSD, etc =LStill yet it seems its what most everyone is spending their disposable income on these days perhaps to escape the economy, pollution, chemtrails, weekly massacres and perpetual war?

A home inspector should be part of your due diligence as well but their job is to identify structural issues like the roof, the foundation, the presence of things like mold or termites, environmental issues etc. 

And that's just some of the planning stage.I won't even get into the 25 or 30 different permits you'll be required to obtain, their costs and their impact on your budget.Now think about the Federal regulations that are in place from Wetlands to Flood Plain Issues to Storm Water Management to National Pollutant Discharge Elimination Systems to Erosion Control during the construction/development phases.

I believe that the consistent cash flow rental properties 'can' provide is one of the best hedges against the volatility of the stock market, and is the single most reliable way to ensure income into retirement.I actually work full time as a Regulatory Specialist / Environmental Compliance Manager for a large chemical manufacturer based in Maryland.

Travis WestCIEC 0609003 (Certified Indoor Environmental Consultant)MAC0325 (Licensed Mold Assessment Consultant; TX-DSHS)

Drycleaner Environmental Response Trust Fund Act J.

Think environmental!  

. §§ 4851-56.)According to the Environmental Protection Agency (EPA) website, you must also provide an EPA-approved pamphlet addressing lead-based paint hazards.