Industrial on 14 acres the cost of environmental remediation alone could exceed your purchase price.

I am concerned he will not sign off on anything without a environmental test. 

Hazardous waste, such as a meth lab, requiring environmental clean-up?

Wanted to throw up a post concerning Environmental Site Assessments.

You are running a risk of the cesspool failing, and having to pay environmental costs and fees, and pay to replace the cesspool with a septic tank, so looking at potentially a $20k cost.

The ones here are now just recently excluding coverage for dogbite, and they already excluded mold and environmental liability, to my knowledge.

So in that case the landlord ends up fronting the money and takes typically years to fully recover from the tenants.I like to get inspection early in the process to get these credits right away before big money is spent on attorney,title, lender reports ( environmental phase one, ALTA level one survey, appraisal,etc.).

I'm wondering if anyone has been involved in buying a property that has been "cleaned up" by a state department of environmental management.

Yes, it is more management, but also well worth the increased per sq ft income and the social good of impact investing by creating community, affordable housing, and an environmentally friendly real estate solution.

Verify if it’s on city water/sewer, if it has any liens against it, of the phase 1 environmental survey comes back ok, how the utilities are, if the profit and loss statements are accurate, and anything else that the park has.