You can see different life phases/situations/risk tolerances in this thread.

i've seen and heard of phase ones....what is the phase one environmental report, and why is it important to get on a larger property but unheard of for smaller ones?

During its pilot testing phase with Facebook at Work, the bank saw increased efficiency among teams, faster response times in its customer service, and many other positive results.

Another sign that we are in a late phase of this expansionary cycle.

Or can I do it in phases?

Account ClosedWe've been down this road twice: once with a commercial (25 unit) property and once with a residential (SFH).In our commercial case, the tanks {plural} were "discovered" as a result of the Phase I EA.  

It's been on the market for less than a week.Here are the stats:List Price: $450,000Annual Taxes: $10,500Units: 2Rent Est Unit 1: $1500 (i would live in this unit)Rent Est Unit 2: $2500Putting down 20% I estimate my PITI to be $2,771 (at 4.25%)Positives on this property:Located in an "up and coming" part of town, where the town is in Phase 3 of a development programThe second unit is two floors and has the bones/access to be split into two separate units with relatively minimal investment (basically adding a kitchen).. pending zoning approval of courseMy concerns are that while the property certainly has potential, the current rent rolls are a lot more attractive in the 425k range than 450k.Any thoughts/advice would be appreciated.Thanks!

Hi everyone,Posting a newbie question here, but wanted to get your opinions since I joined BP last week and I am still at the books/webinars research phase.

I'm new to real estate I'm just in the phase of reading about different strategies and what not so forgive me if this is not a good idea.

Look into ESA phase II analysis (aka Environmental Site Assessment) for soils.