See if it's active, inactive, expired, revoked, etc.Your ability to get the work permitted after the fact is possible.

The contamination risk is too high and no attorney will let a buyer close with an active or inactive oil tank.

@Justin Gomberg I'm pretty new in active RE investing, but here's what I'm doing and it's working for me in my market.I restructured some of my current assets, getting a small LOC on some livestock.

Here are some things that can become issues from an insurance perspective:When looking at the properties here are some things to look out for from an Insurance prospective:1.Any in-ground tanks (active or inactive)2.Any Knob & Tube or Aluminum Wiring3.If built before 1978, does the building have Lead Safe certifications4.Any wood stoves or secondary heating units.

Im in Texas, if you dont plan on using it yet you do not need a sponsorship but tour license is in inactive status.  

We invest in active investments and passive syndications for the purposes of generating income, so I think it would be way too conservative (and silly) to assume that none of our investments would produce cash flow in the future.Sure, we can't exactly predict exactly how much passive cash flow the syndicated investments will generate, however we can be fairly certain that they will generate some cash flow.

My partner has about 10 years experience in this field, so a lot of what I read and hear on BP and the podcasts I get to see in action.

It can also cause us to be inactive however which is a negative.So there is a balance on how to use fear in a positive way.

Although for me as a Past HML and current NMLS broker ( inactive currently) why you would want to jump into NPN instead of looking for performing especially starting out..

I've been curious about this for awhile as I'm licensed in FL & NC but currently have my FL license on inactive status.