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Due diligence when acquiring property can be lengthy and complex. There is much to consider, not the least of which is the purchase price, condition of the property and the investment you’ll have to put into building it out to suit your specifications.  But it isn’t just your specifications you need to worry about. You must be sure the zoning laws in the area in which you want to buy or lease allow for the type of use you intend. Further, the entitlement process, in which you will need to specifically outline how the property will be developed, can be hopelessly complicated for the uninitiated, rife with impact studies, risk assessments, and input from community members.  If you’re not well-versed in real estate acquisitions and leasing, you’re in danger of making a misstep during this stage of the process, and that can cost you dearly. It’s best to get the advice of an expert real estate lawyer who can walk you through the steps of due diligence, zoning, and entitlements as well as real estate secured lending transactions.