My footprint is significantly wider, but I basically did a multi sequence drop to companies that met my criteria.I'm sure your next questions will be, where did I get my data and how come so many people responded?

@Rohit JindalSorry for the delay.There are two risks you need to mitigate when buying specifically Septic.The first risk is just basic lifetime of the system etc, what your costs might be, that sort of thing.The second risk, and to my mind the more complicated one is the environmental risk.

The 14 small units consist of; 4 two-bedroom and 10 1-bedroom units all within a 6900 sq.ft footprint, can you say "SMALL UNITS" Surprisingly, the vacancy rate on these apartments is and has been virtually zero..

You want to stay away from any use like gas stations, auto repair, dry cleaners, etc. that would require environmental remediation.

There's not a person on earth that wouldn't choose environmentally friendly, sustainable housing if the price is right.

You can have an environmental assessment done to determine if there is any contamination.

However I do know that industry uses dangerous and environmentally problematic chemicals.I would be VERY concerned with inheriting an expensive environmental liability problem created by  the previous ownership.If I were buying this kind of business its something I would investigate carefully and probably have an outside expert involved.

A solo-401k gives you check book control, no custodian and a lower IRS penalty foot print should you have your retirment account audited.

While we are not adding size, we are able to add a bedroom within the existing footprint.  

So there were some foundation costs, but for the most part we were able to use most of what was there.Due to setbacks and the narrow lot, a new footprint wouldn't really have given us much more square footage without doing a very narrow/deep floor plan.