NIMBYs are against that, environmental and city infrastructure advocates are against that, and zoning restricts that too (although in CA there are efforts to override city zoning jurisdiction.)

The rats have polluted the entire ventilation system.

You need to make sure environmental is clean especially with a mom and pop tenant and see per the lease who is guaranteeing to keep the site free from contamination and who will clean it up in the event of a spill etc.Mom and pop tenants the buyer pool is much smaller versus national or strong regional STNL so cap rate rises a lot on those small mom and pop deals and financing offered is high interest rate and short amortizations with lower LTV's typically.

The previous owners used a company called, "Technical Environmental Construction, Inc." to abandon the oil tank in place in 2001.

There were no upfront costs until a signed OTL was returned, and then a .25% "commitment fee and costs for appraisals/environmental/other expenses incurred (and the lender kicks back 1% of all those closing costs at consummation).

When you talk to town planning, ask for a list of surveyors and trades people (specifically well and septic at the Environmental Health Department) since you'll need these permits even if there is an existing well and septic since you are technically performing an alteration.

As a environmentally friendly engineer, I support green incentives, absolutely.   

The best you would be able to get is a Letter of Environmental Protection, which tells everyone you did illegal work then hired a licensed deleader in to fix it.

Maybe it had to do with all the environmental stress he's gone through over the years renovating, all the lead paint, asbestos, caustic dust, solvents, etc.

The best you would be able to get is a Letter of Environmental Protection, which tells everyone you did illegal work then hired a licensed deleader in to fix it.