Find out if there are any additional costs such as environmental remediation. 

Plus environmentally speaking, it is good to start transitioning away from natural gas.

Salt eats the components alive.

If anyone works with environmental inspections, or had any experience with industrial rehab, impacts, etc, please let me know!

If you do any work before that that touches the lead paint, the property could get flagged for unauthorized deleading (UD) and you'll never be able to get a lead certificate, just a letter of environmental protection. 

The entire structure and all components are new and the dwelling features no physical depreciation.

I'm looking at my first MHP purchase and my attorney suggested I get a Phase 1 Environmental Study done.  

😃I'd invest 500k in the multifamily asset class (with some value-add component) and then I'd actually deploy the remaining 500k in well-evaluated tech start-ups (or biotech startups). 

I have bought two very old multi family properties in CT and went through the expense of the environmental testing and removal of all materials containing traces of lead and asbestos just for the extra peace of mind and potential up sell when I rent/sell them.

I started in 2001.its still boils down to that pesky PM component and choosing the class of asset that will perform over time.. some assets are best left to the locals like yourself and others are prime for out of area