If the tanks leaked, remediation and cleanup will have to be done, and the property readings will have to be under maximum allowable percentages of contaminates for a certain period of time before the property can be re utilized.As to the asking price, either the seller doesn’t really want to sell, the seller wants to see if he can find a sucker; or possibly the value of the land for future development is much more valuable than the existing use.But assuming that the latter is not the case, what is it that attracts you to a deal priced over twice market value with a possible environmental problem to boot?

Again thanks for the valuable information. i'm learning something everyday on BP.

Before I went, a realtor sent me a list of neighborhoods to checkout which gave us a a lot of guidance in getting to know the area.

@Matthew Fassett Sounds like something that could be really valuable.

So I figured with that many eyeballs, and so many valuable subreddit forums, this might be another good place to generate leads. 

Joe Fairless also has a free syndication school website that I have found very valuable on the education side.

Hi All- New to real estate investing and looking for some guidance/feedback from everyone here on BP.

In the end, I got it done and rented and learned valuable lessons for my next properties that needed more significant work.

Knowing that I wanted to grow my portfolio, he introduced me to the owner, where we agreed upon a price with the guidance of my mentor.

Tons of valuable insight on the forum!