I’d love a model x but that’s more of a Midwest or California style car.

Sounds good to me as long siuts your style.

Should I also inquire about authorized payment of an environmental/asbestos test to the exterior of the residence and ask if asbestos was disturbed and request a copy of the report, if a test was even conducted? 

I'm a realtor and investor, and one of the first books I recommend my client who ask that question is Get Paid For Your Pad ~ It's a great, checklist-style book that will answer a lot of your questions.

We really liked different styled homes and wanted to expand our knowledge to grow a business.

Industrial you have to heavily assess the type of business operating their and worst case scenario for environmental contamination.The larger national type tenants like Amazon most want custom new builds with high ceilings and tons of bell and whistles.

Any balances due, tenants with late payments still dueIdentify any existing evictions in progressCertificate of Occupancy from the City of LA9a Property Report Natural Hazards Disclosure Statement Copies of all current insurance policies and insurance company contact infoLoss run from the insurance carrier (my insurance broker requires this from seller)Copies of ad valorem tax statements covering the Property for the last twelve (12) months, if anyCopies of electric bills for last 12 monthsCopies of gas bills for last 12 monthsCopies of water and sewer bill for the last 12 monthsCopies of trash bills for the last 12 monthsCopies of any vendor service contracts (common ones include landscaping, interior cleaning, laundry, fire alarm monitoring, and pest control) Copies of any environmental studies affecting the property, if any.A list of anything that will not convey with property (common items include laundry machines and appliances owned by seller)Copy of current management agreementCopies of all existing surveys of the Property, if any.Copies of all warranties for appliances, equipment, utilities, roof, paving, pool, etc., if any.Copies of the last three years’ profit and loss statementsList of all capital expenditures in the last 3 yearsDate of systems updates, if known (plumbing, electric, roof, HVAC) Preliminary Title ReportCopies of the most recent title insurance policies, if any.

Bonus depreciation was increased from 50% to 100% for property placed into service after September 27, 2017, and before January 1, 2023.And finally, affordable housing has never gone out of style.

Are you loan fees included in that amount...or perhaps 3rd party things like survey, environmental, etc....As for an inspector, you might see about finding a SS builder to do the inspection. 

Yeah, he gave almost no information on the specifics, but if you read the quotes from Cuomo in your article, you can see he is targeting the W2-style homeowner.