You really want to make sure that the land you are buying doesn't have any major constraints that can't be overcome, or even if they can be remediated, at what cost, i.e. environmental, soils/geotechnical, adequate access, zoning, etc. 

Lenders will often require some form of environmental due diligence before allowing you to close the deal.

We all have conscious or unconscious biases.

The company is a 1 man guy who subbed some of the work out to a big environmental company, unsure of what exactly.

@Austin JamesUnderstand the area, the current tenant base,the median income, is it in a flood zone, the age of the asset, the condition of the plumbing, the electrical wiring, the fuseboxes, the age of the roofs, the age of the mechanicals, the condition of the foundation, the drainage of the property, does the property have a C of O, is there ny environmental concerns such as oil tanks being buried, the current property management company, what are the amenities.These are just a few things to look out for.

But if you are a cost conscious landlord you would say, "But wait, the opener is only $200... you are telling me the labor to install a replacement garage door opener is $600!??!?"  

Hello, my name is Dylan and I am just beginning to take an interest in real estate after earning my bachelors in environmental engineering from SDSU.

We got units lead certified (which are more valuable due to being able to rent to section 8) at close and the lender was able to sign off on the environmental issues. 

I have a background in photography, marketing, and environmentalism.

During the Due Diligence Period, the Buyer shall have the right to conduct, at its sole cost and expense, any and all inspections, examinations, appraisals, surveys, environmental assessments, and other evaluations deemed necessary or appropriate by the Buyer.Financing ContingencyThe Buyer's obligations under the PSA shall be contingent upon obtaining financing in an amount and on terms satisfactory to the Buyer, in the Buyer's sole discretion.