I would be conscious of the tax implications of your strategy going forward.

Then it was 6 offers later before I got one accepted.Also, not sure where you live in Alaska, but I'd also be conscious of population size and if it fluctuates could effect your numbers at different times in the year.More than anything, I'd see if there was a local Real Estate meetup in your area.

It would be more of an alternative facility, one that incorporates East-West medicine, behavioral supports, and environmental supports for optimum well being.

Macro environmental shifts SHOULD impact micro evaluations.

I know I kind of rambled and this has been very stream-of-consciousness but if you're on the fence, go for it!

Most millennials are more socially conscious, and amazing with new technology, etc.You are absolutely correct that you are as experienced and emotionally stable as most your age, but don't forget that you don't know what you don't know. 

Here is the link to the EPA Applicability Determination Index site where the EPA issues letters of opinion regarding environmental topics, like asbestos.

Buyer may, within 30 days (30 if not specified) from the Execution Date of this Agreement, conduct due diligence (Due Diligence Period), which includes, but is not limited to, verifying that the condition, permitted use, insurability, environmental conditions, boundaries, certifications, deed restrictions, zoning classifications and any other features of the Property are satisfactory.

It depends on environmental conditions and your decisions. 

Before purchasing anything make sure the following criteria are met; a)is it properly zoned for your needs. b) is the “dirt” suitable to support the buildings - obtain accurate soil borings and procure a topographical and platt of survey c) determine if detention areas are required, necessary fire safety access roads, suitable septic/well areas d) make sure the land has never been home to any toxic dumping or environmentally questionable materials e) easy access to utilities.