When you're buying on land contract, there is always something: higher rate, overpriced property or more serious problems like environmental issues which is too expensive to fix.I'm very curious about land contract wording, too.

High risk properties - single tenant facilities with short amount of time left on lease, environmental problem properties, ground leased properties4.

Here's the text from the email I got from the LSRC...Environmental Health Watch Incentive Program What is the incentive?

CA fees and environmental regulations keep prices high. 

You can't have the buyer popping in for tea unannounced every few days.You should have no problem scheduling a building inspection and, if warranted by the findings, a structural or environmental engineer.

You do not need to have the expensive stuff like a feasibility study or environmental impact report.

Whelton and the other researchers concluded that users should flush out pipes before using them, because they are not cleaned sufficiently before they’re used by consumers.Moving toward workable solutionsTasha Stoiber, a senior scientist at the Environmental Working Group, comments on the potential for ongoing risks after the pipes are flushed and long-term exposure to PEX pipes.

Tank is empty but still needs to be removed with permits, and related environmental inspections-the house and convenience store next door each have clean separate titles, but they have no separation fencing in the backyard and both lots share the same open/close gate.Vendors say they don't want to go through any hassles to address these items and would rather negotiate on price. 

Some people switch the title over to an LLC after getting financing but there have been cases that the investor will find out and call the note due (does not happen with any great frequency but has been known to happen) There are options, like a DSCR loan, without going to a full commerical lender and closing the property in an LLC and save on a lot of the costs (environmental study for one).

Same reason I wouldn't buy stock in a company who historically contributes to environmental degradation (won't name any names).