Entitlements is essentially getting permission from the municipality to build what you want on a site with regards to use, density, building height, setbacks, traffic impacts and environmental issues.

People with cheaper financing can always outbid people without cheaper financing so the current situation is polluting the whole market.

Finally, mold is an environmental issue and would not be covered under any insurance policies that I am aware of.

The chemicals mix with the water in the Ocean to make Potassium Chloride or something similar(can't remember the scientist jargon they were saying).Anyway when the compounds hit the Ocean they cancel each other out and dispurse.I heard a quote this morning from an organic chemist:"Dilution is the Solution to the Pollution" let's hope so...

That would be worse, given it turns this into a mixed use building and has environmental hazards.5% 30 year mortgage on a apartment building?

The first step is to collect data on the property including zoning, wetland, soils, topography, utilities, perimeter survey, easements, micro/macro market info, environmental, assessment information and legal issues.

Paid $120,000 and spent $1750 for environmental cleanup.

There are appraisals and environmental surveys that will need to be done, too, and insurance to buy.

I agree with others as well that the CCIM course is just a given, for $80.00 (surprised it's that cheap) that's just a requirement for a novice investor.I have never taken the course so I don't know what's in it, but hopefully it will guid you in different types of leases, insurance, performance bonds, maintenace issues, regulatory issues with types of buildings, EPA and environmental studies, etc.

Still tired of politicians playing up to the environmentalist with 5,000 barrels of oil polluting the Gulf of Mexico every day?