Property Inspection, Termite and 4 Pt/Wind Mitigation (walk every unit if possible)21. multi over $1 million will need a Phase 1/Environmental report.

Too many restrictions, fees, Etc....Add environmental regulations in states like California and it becomes near impossible to build housing as needed.STRs the problem?

Environmental issues?

this could be relevant if you have environmental issues and cleanup, but still, no disclosure requirement. 

Demo & AsbestosWe have demo scheduled in a couple weeks, however, prior to starting demo we decided to get an environmental study to test for asbestos in the building materials.

Do you have a previous gas tank or spill and you need to do environmental mitigation?

There is some room in the East but it quickly gets environmentally harsh and has Imperial county.I have never been to Columbus (I have been to Dayton - Columbus would be highest on my Ohio cities to visit). 

The property had some minor environmental issues which resulted in the closing taking almost 6 months.

In MN the Hoa actually owns the lakefront of my property because they want to ensure equal access and avoid any environmental Fines.  

Here is a list of due diligence item I use on my MHP investments:Check zoning and permitting compliance (city zoning)Check local law compliance (with Sherriff and/or Police)Search City Council minutes for any adverse mentionsCheck with State Department of Public Health's Division of Community Environmental Protection (CEP) for compliance violationsCheck with property neighbors for any disputes or pending legal actions Water - Check with water provider for any open or recent issuesSewer - Check with Sewer provider for any open or recent issues or complaintsElectricity - Check with electricity provider for any open or recent issues Rent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 yearsGet last 2 years of Profit and Loss statementsGet last 2 years of Tax Returns for the LLC/Park12 months of Bank Statements for the LLC/ParkCurrent Accounts receivable statementsBuild proforma for next 5 years using rent roll and expensesGet owed taxes to City/County/Local govGet Insurance Quote of commercial liability insurance2 years of utility billsProperty Tax bills for last 2 years List of park owned home including copies of “rent to own” or sales contractsGet list of vendors and contract status for each vendorTalk with on-site property manager regarding issuesConduct Onsite Property Visit with property managerSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc.