As you interview and look for good companies to partner with, the best of the best will be willing and able to patiently answer your questions move at your pace.NOW ------When you have researched good cities and interviewed a quality partner to work with, you can begin to look at houses.  

I normally am pretty patient with things if I can see a good ROI with it.  

However, very few will ever match the success of Warren Buffet, because they don't execute his strategy correctly &/or aren't patient enough to allow it to play out over 20, 30, 40 + years. 

Murders have decreased in Detroit, vandelism has decreased and we have this great safety net we pay for called insurance to replace stolen property.

Thank you pros for being patient with this newb lol

I was just curious as to wondering if there would possibly be anything illegal about knowing this information or anything of that matter just as a safety precaution and where i can find out more information about this building process.Also, I assume that there most likely will be either foreclosed homes, homes for sale by owner, etc. around the new development area.  

what I have always done with my guys is create very long term relationships with them so that I can ease the skin in the game for them and thus I get velocity and my money is out and stays out and my returns are substantially higher than most HML with a very nice safety margin...

Did he order and pay for a professional home inspection, or did he report aome sort of safety hazard and concerns to the city and your city came out to look?

We have a few neighborhoods that we target but we're patient enough (and busy enough with other stuff), that we can wait for the right deal to come along.  

Basic stuff you should have, good simple tool belt, 2 good pencils, 16oz claw hammer, 2 flat tip and 2 Philips screw drivers (lots of things you can do and get done before messing with power drivers)  16'+ steel case tape, retractable utility knife with blades, 2 1/2" putty knife. small nail bar, small mag light, safety glasses, steel toed shoes/boots with thick soles to bend nails over instead of sinking them in your foot.