For instance, according to the written proposal for creditors, there is at least $50M in outstanding accounts receivable owed to the Buildings, Safety Engineering and Environmental Dept (BSEED).

How does the Phase I Environmental Site Assessment look?

There are properties though that can have environmental issues, wetland issues and potentially other issues that can become a greater liability than the real estate is worth.There are homes near me that are beautiful today and probably will remain that way for many more years.

That means a buyers market.A house that old will have some environmental issues, lead paint, asbestos in flooring tiles and maybe in the insulation so demo couldbe expensive, so could the rehab.

Born and raised in FL, and like you said those are just "environmental norms" in the area. 

I will say that the environmental regulations for drinking water are no joke.

Real rents, real lending issues, environmental issues, crime and other problems.  

Rents will be current and be prorated as of the date title transfers.FINANCING: This purchase is subject to the Buyer and Buyers’ Partner ability to secure the necessary financing.DEFECTS:Seller warrants subject property to be free from hazardous substances and from violation of any zoning, environmental, building, health or other governmental codes or ordinances.

Environmental engineers, heavy equipment, destroyed yards all the way around the house (because of course it's not buried where it's easy to yank out).

The majority member wants me to take the land for $1, and assume the environmental and back property taxes of $52,000.