Having repeatable systems in place will make managing the property much smoother and help prevent mistakes.

Having a felony/ not being able to pass a background check or something like that which prevents someone from getting their RE license is the only reason I can think of to pursue wholesaling over legitimate real estate sales. 

Footage is not for prevention it is for proving damage or god forbid an injury claim.

Zoning, Entitlements & Land UseVerify current zoning, process to change zoning, annexation, allowed density, setbacks, and amenity requirementsReview comprehensive plan & future land-use mapStudy local subdivision ordinance, platting process, and timelines for approvalsResearch impact fees, school concurrency requirements, impact fees, and permit fees.Lobby planning and city council members at an early stage to uncover potential political issues preventing approval.6.

what advice can you give me to prevent unnecessary risks? 

Bringing in equity reduces leverage and gives you breathing room if costs increase or timelines prevent the repayment of the equity line.  

For the investor, that meant holding costs piling up fast.Here’s how we resolved it:Got on-site immediately to document status and secure the property.Started calling vetted backup contractors to step in for plumbing and electrical.Negotiated with the GC to either replace the missing subs or risk losing the contract.Within a week, new crews were in place, and we recovered most of the lost time in the schedule.It wasn’t pretty, but it kept the project moving and prevented a major blow to the investor’s budget and timeline. 

Do it, invest in preventing yourself from making other people's mistakes.

For your first 5-10 properties, most successful investors hold them personally with killer insurance and focus on proper tenant screening and maintenance, which prevents way more problems than any legal structure ever will.

Since it’s a seasonal/weather issue that prevents you from fixing the paint right away, the first step is to contact your local building or health department and explain the situation, showing that you have a property management company ready to remedy the issue as soon as conditions allow.