Since it was a mechanics garage do you have an understanding of the environmental conditions that come with this type of asset?

I think the duplexes would be better in terms of phasing the construction with the bank, and I know in my city anything over 4 units needs to meet all the efficiency and environmental guide lines, which drives the cost of materials.

Hi @Mike Mefferd, I think that it is wise to consider all of the different options to improve NOI whilst also gaining a marketing advantage of being environmentally friendly.

First is environmental, condition and ownership of the pumps, canopy and any other equipment.

High pollution and smoking may make people more susceptible in China. 

Very helpfulRe: 15% it can be a good rule of thumb, but understand that every project may break that rule due to specific issues (title, environmental, local government, design, etc.) but yes your permits, arch, legal shouldn't be blowing up your budget at 25% off the bat.

You could make an offer with a due diligence period to give you a chance to get inspections, and check for any environmental issues (cars leaking fuel, oil, etc... could be an issue). 

I have the first 2 years free(dad works there) and planning to major in environmental science.

In short, you should focus on major electrical, plumbing, foundational, structural, or environmental factors only if you want your best bet of negotiating down the price.

Maybe there will be fresher convictions now to weed out people that pollute society.The only positive side of all of this is....