@Scott Passman I dont know the footprint of the building but it's at least 16' wide.

Even if the first and second floors had the same footprint (they don't), the building couldn't be larger than twice the foundation size, or 2418 sq ft.We still want to move forward since the property makes money at the price we had agreed on, but I was wondering if there was anything that could (or should) be done to follow up with the appraiser on why she didn't actually do her job. 

You are absolutely correct, forcing new investors to mitigate any and all environmental issue in an asset is one possible solution, especially if the bottom line makes a profit.

In my market, there's a bank doing stated income 70% or 75% CLTV HELOCs on investment properties, but their footprint is only 3 counties (San Fran, Marin, Alameda).

Automotive you have to be careful about environmental contamination and if there are clauses in the lease for the tenants to be on the hook for any clean up and return the property to a clean state.I do like Auto Zone and Advance autos for my clients.

Just make sure to consult with a couple of septic contractors as well as the local health department or environmental services division of the city or county to make sure you have all permits and fees accounted for.

Environmental?

Are these great environmentally?

Then there's third party reports like environmental, survey and inspection.

We've sprawled our way to all kinds of infrastructure, environmental, and financial problems and if we don't frontier an alternative, my children and grandchildren will be left picking up the pieces.