Hello, Congrats on your choosing to take your first steps in becoming a REI.

Now how that all actually plays out with insurance, attorneys and courts in individual cases, and at what costs in money and time, that's the rub.There is usually an insurance policy on the tank, to cover leaks, as part of the price of the fuel, so check with the seller on that.I would certainly recommend making your deal contingent on a clean leak test (and decommissioning if that's what you choose) and have your deal effectively read such that if the test comes back with water in the tank, ie the tank has leaked, then you can walk from the deal and get your EM back.The existence of a UST, especially if in use and not leaking, in no way needs to be a required deal killer though. 

@ryanjones its just 1 of the few im trying, MN included, and there were more properties in PA to choose from.

I would rather work with local market experts, especially since each market has many to choose from.

Details will vary so modify this as you see fit should you choose to use it.

Didn't Lou Reed and VU have a song about that ... ;-)

And since you'll only need your credit score to shine for a short amount of time, you can pay everything off after you secure a loan if you choose.

They work all my leads for me, in return I get first right of refusal to purchase them once they get them under contract, and the ones I don't choose to buy myself, I help them advertise them to wholesale them.

They have to pick and choose which clients are worth THEIR time.  

Buyer shall choose the escrow, title and/or closing agent.