Anyway, here are generalities:EnvironmentalsSurveyTaxesInsuranceOccupancyUtilitiesLeasesRent RollRent comparisons against other complexesMEP's (including sewer/septic)RoofStructureWindowsCosmeticsAppliancesOF course, these will vary depending on the type of purchase, for example having an environmental report on a SF is not customary, however, it is on large MF. 

Unlike previous elevators, the new lift is completely self-supporting, extremely light, has a footprint of just one square metr e and requires no excavating pit or hoistway, it can be fitted to almost any two or three storey building at a fraction of the cost of a normal elevator.http://www.gizmag.com/go/4007/It looks hideous.Anyone have experience with this product? 

The city had told me to simply put holes in the bottom of the pool and cave it in,,,however the house is now vacant and a fence section fell down, now the city is involved in the house, the Environmental Department wants every bit of concrete removed when the pool is taken out (additional cost about $5k which I hadn't budgeted.If I decide to walk away because of this, the house will go into foreclosure, the city has told me they will go in and have the pool removed (and I'm sure they willl end up spending a lot more than I would),,and put a lien against it.Common sense would say they would come down a few thousand to help me with the cost they caused by taking over 2 months to give an approval,,but I doubt they will, the house will be vacant, the city will put a lien against it, and the bank will end up getting substancially less than they will if they sell to me, but thats probable what's going to happen (at the same time short sales can be super deals, if they work out)andy

This creates a footprint and usually a duplicate content flag with Google as well.

At 10K sq. feet, you've got a decent footprint, but not loads of NOI. 

What is the value difference if the building had the same foot print, etc but was built using standard framing?  

They thought they were getting a great deal and then learned after being notified they were the winning bidder, learned the sites were not only contaminated but the cleanup was going to exceed the purchase price.Many of the bidders are new to the US and want to buy a piece of America but are not yet familiar with our environmental laws. 

Has it been inspected for environmental hazard?

It will be the best money you spend to understand costs, schedule, environmental issues, and entitlement regulation specific to that parcel. 

But you'd have a very hard time convincing the IRS it takes you 750 hours per year to manage three units, so this would probably work best as part of a larger portfolio as your footprint grows.It also depends on your employment situation.