Many prices of land that are cheap (especially in California) are cheap because they won’t pass a perc test for septic system, or they have endangered species restrictions and require expensive mitigation fees, you want to check for protected trees and plants, wetland restrictions, and you will want to do a geotechnical report to be sure you can get a foundation on there.

Be it raise property tax or pass a levy on sales/construction or increasing fees, the local, central, state govt all want to sink their claws in you.Third interest rates are going up obviously.

My advice would be to have them apply to ensure they are qualified, pass a background check etc.

I pause aand tell them , you pass a self storage place as you come up the road to the house .  

When I advertise a unit I state that all adults must be able to pass a background check and have no prior evictions.

Should the bill pass as is, you are right, the implications on residential real estate could be significant.  

If it doesnt fit the narrow criteria, they pass, as opposed to a local bank that will hold and has greater flexibility.One thing that surprised me is that I identified a local bank that gave commercial loans on very attractive and similar terms, and which would not care about having two houses or need comps. 

because to get NMLS licensed you have to pass FBI background and of course pass a test. that proves you actually know something about lending and state and federal laws..

If you can plan to be at the property at least once a week - go for it.Otherwise, pass as you will just lose money.

I normally lose my boarding pass as soon as I get it so I've been using the "virtual boarding pass" as of late on the phone.