Had a motivated seller call to sell her recently built commercial units. Has 2 buildings with additional 2 approved.  Then, found the owner of the vacant lot next door. He's willing to sell too. Attached is the breakd...

$8K You have to wonder why folks wouldnt see that as I huge red flag.

The red stain is probably iron from the water.

What is the typical due diligence period for land when buying land that is intended for residential development and zoning approvals are needed.Thanks!

Paint a red border around the garden and post giant "DANGER Keep Out" signs, then have the tenant sign a statement acknowledging they are aware of the potential danger.People can and will sue for just about anything.

Almost to the point that it might raise a red flag.

Lake Mary, Maitland, and Orlando are really the three biggest white-collar employment zones with higher prices nearby, so communities within a 20-30min drive are always in demand. 

@Ricardo James Definitely check with your zoning department regarding what you can and can't do with that piece of land before moving forward.

FYI: The property is zoned Central Business District, but has a non conforming use certificate as a triplex.

I viewed the home and decided to make a offer, which was acceptedHowever when we got to the original closing date things took a turn and it was discovered that the home had work done without permits and the zoning of the home was not residential.