And were on the part of Boundary where there is about 5 blocks until the freeway going east so there is no noise pollution.

This is true, but this is very expensive property to be had and has a history of pollution.

Also renters are more tolerant of the noise and pollution because they're not making a huge long term commitment in renting the place.

Can you afford to sue and fight the unconstutionality of this town bully when if your jealous nosey socialistic neighbors complain to him, town and police state on you, for working hours in town, other made up codes like noise pollution or too much activity, too bright lights  too tall ladder etcAre you going to continue to keep ball and chain around your neck for fear of master slave owner aka unvoted unapproved town position of person enforcing codes not laws ?

Some states, air pollution control districts, counties, and even a few cities also have their regulations.

Total pollution exclusion - many policies have this exclusion and it can become an issue if there are injures due to Carbon Monoxide.Premises liability coverage is important even though liability claims are more rare than property damage.

You also want to be able to switch coverage on the fly between a property being vacant, occupied or under renovation as sometimes you might experience a longer vacancy than expected during a turn or have to do a more major renovation after many years.Also, all "personal" policies and "personal umbrella" policies have what is called a "Total Pollution Exclusion." 

So there are very real, huge pollution and health costs that aren't even included in that price per kWh.  5.

Not to mention chemical smells and ground water pollution. 

I'm thinking pollution, industrial waste, that you might end up responsible for.