The tenant profile in this area wouldn't be affluent, probably more budget conscious/early career or in graduate school.

Another is the ideal that I can do an environmental restoration project there and divert part of the proceeds from my book into that project.

Any other key environmental factors to worry about in the Spring/Woodlands/Tomball area (i.e. flood planes, etc)?

Travis WestCIEC (Certified Indoor Environmental Consultant)MAC0325 (Licensed Texas Mold Assessment Consultant)

Travis WestCIEC (Certified Indoor Environmental Consultant)MAC0325 (Mold Assessment Consultant licensed by the Texas Department of State Health Services)

I think what I will do is get a letter from the home inspector saying it is salvagable, have neighbors sign a petition to keep it, and attend the environmental hearings and show progress on the work.

Also, is there a particular format that's commonly used for a "investment criteria" sheet, or is it sufficient to state it like this: Class: B or C apartment community (not already renovated)Number of units: 100+Cap rate: around 10% or higherHas one or more “Value-Plays”No structural problemsNo significant environmental issues

Some tenants are concerned about energy efficiency and some are concerned about environmental impact.

I live near an area that is constantly rumored to be bringing in a micro chip plant, as well an area that has gone through environmental turmoil.  

Subject to the environmental on the property coming in clean the deal appears to be more than likely to happen.I am looking for any advice and recommendations from anyone whom has purchased, operated worked on etc. an automated car wash.