Cash flow will be impacted and generally lesser if you are overly restricted or overly assessed/fee'd into the "red".I hope this helps.  

If insurance doesn't cover the settlement and an additional million is needed, I'll be responsible for $10,000 (1% ownership).I've been on these boards for nearly 15 years and nobody can provide an example of a landlord being sued for so much that they lost their investment and impacted their personal finances.

An environmental impact study?

Should I ask PM to send his own mold inspector and remediation contractor to check other unit also which is not impacted just to be safe side.

Just that alone could impact your cost.

A couple of the adjacent cities are planning on building 2500 new homes in the area...not sure of the impact as there is a water shortage due to salt water intrusion.  

Additionally, inquire about any upcoming assessments for major repairs, such as siding replacements or roof work, as these can significantly impact your finances.The selling agent should provide some of this information, but it’s a good idea to verify it independently.

Stay informed about industry news to remain aware of changes that could impact your investments.Finally, be prepared for risks.

Being upfront with clients and highlighting your strengths—like your market knowledge and dedication—can help minimize the impact of transportation issues.If you're concerned about the costs, maybe focus on building a client base close to home, where transportation won't be as big of an issue.

City Council with the help of local RCO's enacted restrictive zoning overlays that impact this area.