When people hire my company to help with apartment purchases, they often want a Phase I Environmental Site Assessment, Asbestos Survey, Lead Survey (if built before 1978), Mold Survey, and Property Condition Assessment. 

If you contact your local environmental protection office, they should be able to explain what needs to be done and the potential cost. 

Most of these item I would think I can catch pretty quickly, but definitely will test for mold and ensure that state/local health departments (specifically environmental health) certify clean.

We bought a site with an environmental easement, now we are looking for ways to cancel or transfer to another site.

Plus, regular lawn care can increase the overall value of your property.Install energy-efficient appliances: Replacing old appliances with Energy Star-rated options can not only save your tenants money on their energy bills, but it can also make your rental more appealing to environmentally conscious tenants.

@Pedro Amador Some of the the best ways to find off market commercial and multifamily properties is to compile lists from city and county websites if available or through a paid service like List source, Reonomy and CoStar or you can use free resources like Loopnet, CREXI, Ten-X commercial, Craigslist, tax database, general networking, brokers, property managers, title companies, environmental consultants, building inspection companies, appraisers, landscapers and other companies that service commercial and multifamily properties and driving for dollars.The real key is in how you approach the owners and then the follow up.

You can link to the FDEP's (Florida Department of Environmental Protection) main page on brownfields at: http://www.dep.state.fl.us/waste/categories/brownf...

Life Company Carveouts basically say that if you file for bankruptcy, commit fraud or misrepresentation, or have an environmental issue, the recourse is triggered.

Appraisal, Inspection, Fire system inspection,  and Phase I Environmental Assessment to name a few possible costs.  

There should be remediation procedures recommended in there by the environmental who completed the report.