My father-in-law is also considering creating an HOA and selling each unit as a condo for $350k which would be $2.1M.

What's really interesting is to see some of them being redeveloped into housing for seniors.Also shopping patterns have changed with work flexibility, so many of these malls don't need as big of parking lots that they once did when people could only shop after work or on weekends. 

However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.

This creates a negative initial position.

Has anyone come across their property management company creating a "First right of refusal program" for maintenance requests? 

I have no w2 job, a lot of toys (need to get a plane), can do what I want, can assist my son to find his way in life (he is leading his 2nd rehab) and if I wanted I have generational wealth (I have given away a lot money the last few years).  

The biggest change was in the Road's End neighborhood.

We decided to lower the price and hopefully that’ll create some traction. 

My ultimate goal is to acquire enough real estate to achieve financial freedom, allowing me to travel, provide a comfortable life for my family, and teach my children about discipline, financial literacy, and the wealth-building potential of real estate.I’m here to learn, share, and connect with others who share this passion.

So the incentives don't truly align so you have to REALLY want to make it happen and likely do several deals to create efficiencies.