They often sell good stuff to people like me that already knows them or other buyers and sell the scraps to newbies that do not know better and buy the dogs.At very least you need a good commercial retail attorney to do the lease.Biggest thing with industrial is possible environmental contamination and if per the lease they are on the hook for it.Basically there are tons of things to look out for and you need help.  

@William Yeh   Under non-recourse loans, the guarantor is not generally responsible for losses the lender incurs, unless they commit certain bad acts; such as fraud, waste, damage or destruction, misapplication, misrepresentation, bankruptcy, or environmental contamination. 

@Jon Holdman so do nothing, let everything fester in muddy, contaminated water, and then have the restoration company come out once the tenant is discharged from the hospital and has had everything removed? 

"The Real Secret of Success Choose Your Suffering.Everything you want in life; every goal you want to achieve; every dream you want to manifest: all comes with a price tag.Legitimate success in any endeavor requires that you pay upfront, in full and with your own sweat.There is no other way.To achieve any goal, you must choose the suffering that is right for you.Subsequently, you must live with the consequences of that decision.The moment you choose to not continue to pay the price of success, is the moment you choose to suffer the consequences of failure, which is, the WORST kind of suffering.The suffering cost of failure is ALWAYS higher than the suffering price of success.The cost and consequences of success in a job, relationship, career, or any area can cause a monumental amount of disruption and chaos in your life.Here are some examples of the suffering costs of failure:If you lack financial discipline, you will suffer the consequences of debt, harassing bill collectors and sleepless nights.If you do not manage your diet, you will suffer the cost of diabetes and poor fitting clothing.By not keeping your promises or honoring your commitments, you will suffer the loss of reputation and contaminated character.Sooner or later, each of us must choose to pay the price of success or pay the cost of failure.Sooner or later, you will come to the understanding that you MUST choose your suffering.The price of success is often more than people are willing to pay.

This category of liquid used to be called grey water, and is described as having a level of contaminates that may cause illness or discomfort if ingested.

Petersburg landlord faces the prospect of federal prison.The landlord, age 55, admits in court papers that he falsified lead paint disclosure forms, making it appear that renters knew of a risk before moving into contaminated apartments.

Weed is not a harmful drug, it doesn't cause people to break things or steal things, and it's not going to contaminate your property. 

There is no question that it was affected by the nationwide downturn three years after opening but what a great project:Atlantic Station is located on the site of the Atlantic Steel mill, which opened in 1901.[1] The steel mill was nearly closed in the mid-1970s, but it remained nominally operational primarily to avoid the huge costs it would have required to remediate the soil contamination present after years of operation.[2]Developer Jim Jacoby, who also redeveloped Florida's Marineland, began putting the project together in 1997 when his company became the property contractor of the land.

We have eliminated all oil due to the risk of contamination from leaks/spills and the additional insurance risks.If you have oil make sure you have spill coverage as it can cost hundreds of thousands to mitigate.

If you find a contaminated property you are looking to redevelop, you may want to look into the"Brownfields" Program.