Appraisal, Inspection, Fire system inspection,  and Phase I Environmental Assessment to name a few possible costs.  

I would make a conscious effort to build my credit.

There should be remediation procedures recommended in there by the environmental who completed the report. 

If you are in the middle of an industrial park, you may have some more difficulty.Only other thing that could be turning people away is environmental?

@Mary lou L.I'm 54 yrs old.My father passed away when I was 21 and my brother was 20.Parents had some properties that we had to tend to.We  1031 exchanged some into other properties.Bought personal homes and then rented them out after moving on.Didnt get real serious about building wealth until 2006.I was 45 yrs old then, realizing retirement yrs were right around the corner.We accelerated real estate investment to retire comfortably.Accumulated 8 more rentals,flipped some,and started private lending.Yes I wish we were more aggressive in our 20's and 30's.But we didn't have anyone or BP to to teach us what or how to do it and why it was important.Lord knows our educational system did not teach us about wealth building for retirement.We learned it ourselves and and a lot of times it was the hard costly way.So in order to keep history from repeating itself we are consciously trying to educate our children and other youngsters  on the importance of financial literacy and the implementation of that knowledge.Father time stops for no one and doesn't care how you spend your life.It's up to us to create our financial future no matter what age we start.Good luck to all us old farts and young farts.

Any profit margin that Banks will consciously forego are slim at the best of times.

We focus on destination type tenants ( karate schools, barber shops, hair salons, nail places, restaurants, doctor offices, environmentally friendly dry cleaners, etc. ).

A landlord could take the tenant to court for breaking their lease but the conscious on this forum seems to be that it is not worth the fight.

Also asked the realtor where I needed to go to drop off my 1$ earnest money check :)Here's a list of things I want inspected for in this house:Mold, Asbestos, Lead paint, Lead pipes, electrical, plumbing, zoning, permits, setbacks, height limitations, other environmental assessments, land surveyor, pest control operator.Also since this property is close to the beach I called a couple friends who are working on quotes for insurance.I'll keep updating this post as the weeks go on and release more of the property information and other info as well as pictures!

The NAA Barriers to Construction Index cites numerous regulations, including those dictating land usage and environmental considerations, as key factors harming apartment construction.