To give you an idea on the cost to remove the UST and get a No Further Action letter from NJDEP you would have to hire a pre-qualified environmental professional to investigate and remediate unregulated underground. 

That's also very awesome, I hope to be in that position very soon.

Thanks for the input everyone, I have reconsidered my position on this deal.

What are my rights and what legal action can I take?

Not an excuse, but the reality the kind of chaos, confusion, and exploitation that happens after a hurricane.So, when I end up getting someone who's available, with a chainsaw, able to take action, who's offering to help clear the debris off the roof, who's driving a truck "BLT Trees and Landscaping" but said it will be all cash, I yielded. 

What's stopping you from going to property auctions in your area to meet wholesalers in action?

There are 4 retail spaces also that are being very underutilized This is a 50 unit building with 4 retail spacesI know there is value add and plan is to flip in 1-2 years but need to have positive cash flow from the get go and it seems to be doing that before I do any work.

Usually non-recourse debt begins at the $2mm mark or so, depending on the property type.Your best course of action would be to find a private individual that will lend you the capital, or raise it, and have it specified in the loan documents that this mortgage is non-recourse.

The positive is that a good skip tracing company can conduct your searches with an outdated mailing address.

I decided it was time for me to take massive action and use all the tools BP has to offer and start using the forum in order to reach my dreams of becoming a successful real estate investor.