Lot size in acres & sqftPrevious use and/or types of structures previously on the lotIs there a Phase 1 environmental  (if applicable)Any deed restrictions and/or HOA covenants Setback requirements (if you can get them from the City) - this is more icing on the cake.

I am doing that.As a Pastor and one who is socially conscious, the injustice really riled me up. 

Does anyone know if there are any environmental concerns with this type of property? 

I'm reminded of a deal I worked on more than 10 years ago where my client let $750,000 earnest money go hard on a $10,000,000 deal that had all kinds of environmental issues.

Going to request an underground water and soil environmental report from local county water quality control board for sure.

I used the Environmental Management Group a few years back and had good luck.

Don't forget to look up Environmental issues.  

So besides the environmental and tax benefits, you can benefit financially in a few ways. 

This is a real concern that ordinary people--BP's target audience--have that experienced investors with a healthy diversified portfolio and significant reserves may not need to worry about as much.I don't think that using operational cashflow as the core metric on BP is an error or a misunderstanding, I think it is a conscious choice due to it being a simple and safe metric that minimizes the likelihood of newbie investors experiencing overwhelm or major loss early in their investment careers and going back to "watching dancing with the stars". 

Not sure why you think the tenants will mess with it , especially when it improves their environmental quality.