.❌ Usually does NOT cover building materials or supplies being installed or used.Soft Costs (optional)✅ Can cover financial losses such as interest, permits, architect/engineer fees, advertising, and legal expenses due to delays from a covered loss.❌ Not available — not designed for construction-related delays.Increased Cost of Construction✅ May cover additional costs if building codes change during the project.❌ Generally excluded.Scaffolding, Fences, Temporary Structures✅ Often included.❌ Usually excluded.Debris Removal after a Loss✅ Typically included to clean up construction debris from a covered loss.🚫 May have minimal or no coverage.Testing of Systems✅ Some policies include damage caused during testing (like HVAC or plumbing systems).❌ Not applicable.In-Transit Coverage✅ Can extend to materials while being transported to the site.❌ Does not apply.Installation Coverage✅ Covers materials as they are being installed into the building.❌ Not covered.

With a lot of upfront work to get the algorithm right, and again, weekly tweaks, I’m in a good spot.

There are two types of cost segregation study firms1 - One where a engineering professional will stop by the proprety to generate a report based on their findings / research.2 - One where an engineering firm will provide you a questionnaire that you will complete based on your knowledge on the property.There are differences in regards to pricing, timing and quality of the 2 above reports.One may be recommended over the other based on your tax profile, cost of property, etc.Best of luck to you

When you hire the GC you are hiring the person who has all the connections with the subs , has a relationship with engineers , and inspectors etc .

Is it true that the bank would use the lot as collateral for a new construction loan @Troy Sheets Yes, the lot value as well as any soft costs like architecture, engineering, etc. can count as well with most banks.

Make sure the cash flow projections are actually coming from operations and not just financially engineering a return (read: over raising to fund the first couple year distributions).

Utilities, site upgrades, engineering? 

It’ll fast-track your learning and help you reverse-engineer what real demand looks like.Being in a wholesale brokerage gives you an advantage if you treat it like a long game learn from every lead, every objection, and every deal that falls apart.

I've also seen situations where buyers overlooked utility setbacks or didn't realize certain rural areas require engineered septic systems due to soil conditions.

If anyone has referrals for land use consultants, land surveyors, and or civil engineers I would appreciate the introduction.