I am trying to understand if they would be any challenges with purchasing a lot that has quite a few oak trees as they can't be removed as there are policies around tree removals. could i build a small office commercial unit of about 5000 sq.ft in this lot?

Hi Paul, You can use an SBA loan to purchase a self storage building as this type of asset is considered a business. 

@Sophia Boro, I think in many (probably smaller) municipalities that there are not good records with building permits, building inspections, etc.

Normally, I would expect to see all units prior to writing an offer and that is still what I recommend; however, my client chose to proceed without seeing the other units when prompted; presumably because the building was so new.First lesson: do your best to see all units before writing an offer. 

I have done 15 deals in the past year and half, and I currently have 20 new townhomes waiting for build permits.

Stacy, Be encouraged, you're in a temporary set-back on a worthy road to wealth-building & financial freedom.

My first rental, and I will have a very small cash flow (Thanks to high rates and high prices, but I took the plunge and decided to get into it anyways to build long run wealth).

It is not impossible, but building a team that can communicate effectively is going to be key to getting this one done.Good luck!

One of the inherent risks of new builds is locking in an interest rate.

Hi there - my husband and I are preparing to build our new house (on land we already own).