Agree with you now that second tranche of regs were released Single Family Residence is a fine investment.

Not sure where you are located, but depending on where your are, you should determine if it is in a flood plain, if its endangered species habitat, is the land protected with a deed restriction for anything-eg. conservation area, it is classified as a wetland, were hazardous materials released or stored there in the past, was it a gas station or have any underground storage tanks, what easements are there, electrical, water, access, etc., what are the lot setbacks, what is the soil, does the lot receive drainage? 

@John Carbone Here is the county's press release about the trash issue:https://www.seviercountytn.gov...They are good wordsmiths.

After escrow funds are assignedto a specific real estate transaction, then the terms of the Agreement no longer apply to thoseassigned escrow funds and the release of.3.

How do I officially release any liabilities of myself from a P&S should my contingencies not be met? 

I had a replacement policy and they paid me more than twice the price I bought it for.They tend to take some extra time for releasing funds, but they're a lot cheaper.I have a house insured with them in Toledo, OH.

In order to do this, you have to get a release of lien for the second lot which can be done by a Release of Lien waiver or can be done through a Refinance.

As far as paying the contractor’s, I would use an escrow account that funds can be released at milestones laid out in the contract.When it comes to contracts, it’s as simple as agreeing on schedules and such and have it written up my an attorney.

Employment has neared an all-time high of about 120,000 jobs The College Station-Bryan Business-Cycle Index, released monthly by Texas A&M University's Private Enterprise Research Center (PERC), attempts to reflect the current state of the economy.

Most mortgage companies require a mortgage to "season" for one year before they'll sign a partial release of mortgage.