I've posted on this topic many times and as an investor and attorney, my opinion is generally to wait unless the property is over $500k or a commercial property which could havce environmental issues.

Just to make sure everyone is understanding me, this is an example:Purchasing 20 units as a bulk (fractured) condo sale out of a 100 unit condominium building.vs.Purchasing a full apartment complex, of let's say 16 units, where you own the land, structure of the building, common elements, and all the units inside.  

And it saves the environment.The environmental piece always comes last in a business setting or transaction, but it helps nonetheless and as time goes on we'll sure need to give it more priority out of necessity of the planet.

Hi everyone,I'm currently under contract for 2 SFR units on 1 deed in Norman, Oklahoma and would value your advice as their are a few elements that are new for me.Analysis snap shot below.

My environmental consulting company just inspected a 21 unit building in  southern CA. 

Part of the risk you take with having out-of-state investments is that you will always give up some element of control.

I am going to reply to your questions and the answer they are asked but being a Super Bowl was about to kick off I'm going to be much shorter than normal so please forgive me and I'm also dictating this so I apologize in advance for grammatical errors but here we go 1,   This form is not a standardized form and most exchange companies, including mine, have their own variation as it just needs to have certain things included in the form so it is not something that filed with the IRS but it something that you will want the intermediary do you have in the unlikely event of an audit 2  and assignment of the purchase agreement would probably work if it has all the important necessary elements but I'm not sure why you would just attach the entire agreement that was assigned because it seems easy enough to include both the same and the agreement but on its face, most assignments will include enough information to satisfy the requirement 3.  

Go through the zoning and subdivision process, where you will need, at the minimum a civil engineer, surveyor, and environmental consultant. 

If we allow a space heater, it must be the type that doesn't have exposed elements, have a tilt-switch safety feature, must be plugged into a suitable outlet/circuit, and must have proper clearance around it.

The easiest way to avoid liability for environmental issues is to have an engineering firm perform a phase one.