The older dry cleaners even if gone from the center are known for environmental issues.

I have about 100 questions from environmental to lot size to location.

Where do you see the property in 5 years ,10 years,etc  What is the long term outlook environmental concerns (hurricanes,etc) Lack of control is a big issue What do you think

I'm very small potatoes here, and don't know the ins and outs of financing, but it seems to me the entire system is consciously built to fail right now.

If no "deal breakers" are discovered, you move-on to engaging experienced professionals to supply the phase one environmental inspection, property survey, water/sewer systems inspection, title search, closing services etc.

The conscious effort and acknowledgement to review their own budget to verify if they will be able to comfortably pay for rent plus all other bills is the vast minority of potential tenants.

Land comes with a lot of environmental conditions.

With this disclosure, you may have to undertake a Phase I Environmental Assessment - your lender or insurer may insist on it.We had a very similar deal on a multi-family a year ago - when the Phase I and some soil sampling came back strongly indicating remediation, we - and our lender - insisted on placing a substantial portion of the purchase price (30%) in escrow to cover remediation costs.

I currently work for a civil engineering group as a wetland/environmental specialist...

Good question William Walker - some of the fees that would be eligible for 504 financing are:- Appraisal- Environmental- Survey- Title Insurance- Closing Costs- Recording Fees- Bank Fees- Interim InterestKeep in mind, all of the money you intend to spend on professional fees and interim interest will need to appraise out with as "As-Complete" value, stated in the appraisal.