.§7501,etseq.) property inspection isa non-invasive,visualexamination ofsome combination ofthe mechanical,electrical or plumbing systems or the structural and essential components of a residential dwelling designed to identifymaterialdefectsinthosesystemsandcomponents,and performedforafeeinconnectionwithor preparation for a proposed or possible residential real estate transfer.The term also includes any consultation regarding the property that isrepresented to be an inspection or that isdescribed by any confusinglysimilarterm.Buyerreservestherighttoconductinspectionsand professionalevaluationswithin30 daysofthesigned Agreementforany ofthefollowing:general propertyinspection,wood-destroying insects,underground tanksand wells,septicsystems,toxicchemicals,and environmental hazardsincluding but not limited to asbestos, mold,fungi,radon or lead-based paint, property boundaries,or deed and use restrictions.Buyer reservesthe rightto VOID thisAgreement based upon the resultsofany inspections, a) WATERANDSEWAGECLAUSE:IfPropertyhasnon-municipalwaterandsewagesystems(e.g.wellorseptic).

If that's the case, you can't do any renovations until you have it professionally deleaded or it would be flagged for Unautohrized Deleading and you can get fined and the property would never be able to get a Lead Certificate, only a letter of Environmental Protection that states you did illegal work, got caught, then had to pay a professional to clean up the mess.

Roads, utilities, environmental concerns, etc.

As a regulatory/environmental guy in my daylighting job, I know your area can be "interesting" to deal with on the permitting/regulations side!

Understand the legal/regulatory framework - be sure to understand the requirements involved with the dev process, see if the project requires any special permits, zoning changes, or environmental clearances. 

Here is the link: https://sunroof.withgoogle.com...I'm all for being environmentally conscious, but it has to make sense.

Assuming it’s a $500k, vanilla residential units, Class B commercial property that does not require any environmental testing or flood insurance, I’d estimate 2-3% or $10-15k in closing costs.

Nobody wants to perform remedial environmental on the old plants and factories.  

Buying and selling as parking use, isn't hugely profitable.Check for environmental, zoning, security, etc.

As a landlord, I am committed to improving my rental property while also being environmentally conscious.