I find value in the 10k Club because it gives us lifetime access (without Subscription of $97/mo) to his tools for finding deals!

., lighting, HVAC, or carpeting), they can claim a deduction for the remaining undepreciated value of those items.

But I can see your dilemma, it looks ( at face value) that the area is starting to gentrify.  

If the trade value of an old shopping mall is less than the build cost of a new storage space or warehouse, then it doesn't make sense to build a new storage space or warehouse, just buy an old shopping center.

Conventional How did you add value to the deal?

I see no value in it for evaluation.Realestate.com has always been a good site for accessing properties, but they do a poor job of evaluation. 

Is the market value around $500,000?   

@Kyle Trotman If you purchased with a hard money loan conventional lenders will require extensive seasoning to utilize the new appraised value for cash out. 

Some of the best opportunities can be found in other regions, particularly in markets known for strong rental performance, stable property values, and tenant demand.

Purchase price: $169,000 Cash invested: $33,800 Property was recently renovated to increase the value of the property and the cashflow What made you interested in investing in this type of deal?