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Updated over 7 years ago on .

User Stats

147
Posts
87
Votes
Daniel Mills
  • Investor
  • Kusatsu, Shiga
87
Votes |
147
Posts

Due diligence on land

Daniel Mills
  • Investor
  • Kusatsu, Shiga
Posted

Hi guys,

So about a year ago, I picked up a SFH is Birmingham, AL. It's been a good section 8 rental for me for the last year and the prices seem to have gone up in the neighborhood. The street it's on isn't very developed and I saw that a couple of the plots around it have gone up for sale. I might be interested in picking up a few of these lots to build SFHs or multi on, but I'm wondering what due diligence I should do with a land purchase.

I am assuming I need to know what it's zoned for and what I would need to do to prepare the land for a build. Anything else?

Thanks,

Daniel