This $1,000,000 Mistake Almost Ruined My Deal EP 164

<p>I have seen a property with a water line just one mile away turn into a $1,000,000 problem. He&#39;s watched deals collapse over sewer access, septic requirements, fire-water capacity, drainage, and permitting timelines, issues buyers never saw coming because they didn&#39;t know to look.Getting through zoning does NOT mean you have a good deal.In this episode of the Assisted Living Investing Podcast, I break down the &quot;secret deal killers&quot; that show up after zoning, and exactly what to ask your building department, city engineer, fire officials, and utility providers before you spend a dollar on architects or engineers.If you&#39;re evaluating land for an Assisted Living, Memory Care, or Real Estate Assisted Living (RAL) project, this episode could save you six figures, or save you from a deal that was never buildable in the first place.🎙️ IN THIS EPISODE:✅ Why zoning is only the beginning of due diligence✅ Zoning type vs. occupancy/building type — and why it matters✅ How building codes change your construction requirements✅ The permits and jurisdictions you need to identify early✅ Why permitting takes 2 months in one city and 12+ in another✅ How water access can become a $1M deal killer✅ Potable water vs. fire water — and why the difference matters✅ Why a water line at the property doesn&#39;t mean you can use it✅ When wells actually make sense (and when they don&#39;t)✅ Hidden costs in sewer access and septic requirements✅ Drainage, detention ponds, and impervious coverage explained✅ The questions to ask BEFORE hiring architects or engineers✅ Brett&#39;s $20,000 &quot;Hard Knocks&quot; lesson✅ When to extend due diligence — and when to walk away⏱️ TIMESTAMPS00:00 – The $1,000,000 water-line mistake01:00 – The &quot;secret deal killers&quot; nobody talks about02:00 – The one big deal that can create financial freedom03:01 – What happens after planning &amp; zoning?03:27 – Zoning type vs. occupancy type04:19 – Building codes you need to understand05:09 – Which code edition is your city using?05:55 – Understanding your permits07:45 – How long can permitting take?08:37 – When city requirements can kill a deal09:37 – Why you shouldn&#39;t put all your eggs in one city10:45 – The building department checklist11:58 – Connecting with the city engineer12:14 – Why utilities are a major deal killer12:24 – Using GIS to research a property13:00 – How to approach the city13:30 – Water: the biggest potential deal killer14:03 – Water tap fees can reach $70