There's not a person on earth that wouldn't choose environmentally friendly, sustainable housing if the price is right.

You can have an environmental assessment done to determine if there is any contamination.

However I do know that industry uses dangerous and environmentally problematic chemicals.I would be VERY concerned with inheriting an expensive environmental liability problem created by  the previous ownership.If I were buying this kind of business its something I would investigate carefully and probably have an outside expert involved.

They will get a C&D, and then they will never get a license and pollute the legitimate industry.

You should plan to review all the owner's financial statements, review the rent rolls, walk every unit, audit every lease, have contractors inspect the mechanical systems, roofs, create a business plan, review title, review environmental reports, shop all the comps, etcDo you have financing already lined up?

Liability hazards - pollutants could be distributed through the system...mold spores, toxic gases from refrigerants, other allergens, etc.Anyone else want to add on to the above?

I work at a tourist attraction and environmental organization in FL which happens to be located right smack dab in the middle of a residential area of the city.

. - Leave untouched as much of the remaining land as possible - both for a greater feeling of privacy and exclusivity for the resort guests and owners, as well as for environmentally responsible development.Pulling all of the expense figures out of thin air, I would pay 125mil for the property.The main concern for due diligence would be environmental contamination from previous activity - both military and research facilities.

Resources for information about lead-based paint law include: United States Environmental Protection Agency (EPA), United States Consumer Protection Agency, and United States Department of Housing and Urban Development (HUD).Get the EPA booklets: "Protect Your Family From Lead in Your Home" and "Renovate Right: Important Lead Hazard Information for Families, Child Care Providers and Schools."

Environmental issues?