The tenant should not be allowed to discharge any fluids into the sewer or septic system. you will want them to use secondary containment for all waste storage containers. as you can see, there can be lots of regulatory issues.  

The problem with having one small piece of land is that most utility scale solar requires 3 things:- Proximity to transmission infrastructure (high voltage lines + substation)- Appropriate to develop (relatively level, not environmentally sensitive, suitable solar potential, reasonable regulatory burden:land cost ratio)- Large contiguous area (2,500+ acres); typically for wind or solar a company will have to lease from several landownersBackground for me is land acquisition, permitting, and environmental consulting for large utility scale solar projects nationwide.

Waiting for some state regulatory body to come to your rescue is asinine.  

The importance of a solid structure and sound regulatory compliance is relative if the deal goes sideways and partners start to go down the rabbit hole of litigation.

Below is true about both North & South, except for the property taxes in SC that can be pretty high for investors: -Why: Nice weather, beaches & mountains, favorable migration patterns (often bringing higher equity and/or salaries from more expensive states), affordable (relative to pricey markets), low property taxes, and statewide legislation that favors vacation homeowners and property rights -The Next: I liken the Carolinas to the Idaho craze ~7 years ago; someone more familiar with the markets may disagree on the timeline, but you get the idea-Both LTR and STR opportunities; strong tourism and increased opportunities for career track jobs; also lots of retirees; favorable regulatory environment for STRs outside of cities that specifically ban them -As far as getting "burned", this can happen anywhere if you buy wrong, so I wouldn't say this is more or less likely to happen in NC or SC.

While modular projects must be built to the same local code as traditional construction, there may be some regulatory overlap because state and local authorities may impose additional requirements for approval and transportation.

In some states you may pay additional or higher fees and/or face bigger regulatory hurdles as a landlord for being an out of state entity.

It really brings to bear the regulatory environment in where you chose to invest as part of the diligence process.  

I'm interested to see if any owners are going to sue the city for regulatory taking of property.

I think it was a regulatory constraint my loan officer overlooked when we signed the rate lock he said he wasn’t aware of the 5% Fannie Mae rule.