There is certainly a lot of interesting thought leadership around how to reposition dead malls and lifestyle centers:https://www.cnu.org/publicsqua...https://knowledgestage.uli.org...Here are some key considerations if your strategy is to invest in depressed retail assets:Market Fundamentals:  Did the property lose tenants because of macro-trends affecting retail (e.g. category disruptions in apparel, department stores, big boxes, etc) or are the fundamentals of the local market weak (e.g. declining populations, stagnant economy, high unemployment, lowering HHIs, etc) — if it’s the latter, then you should investigate potential growth drivers for that market and the time horizon for them to come to fruition.Zoning: Is the property zoned for your intended re-use?  

@James Ahern I agree with @Taylor L. you need a strong idea of the basics and fundamentals before getting a coach/mentor.

This takes time, patience and time spent on-the-ground and in-person to meet people face-to-face, walk/drive the markets and test your assumptions of certain fundamentals.  

I think you need those fundamental skills to help you assess whether a syndication deal is good and if the management team is competent.

These high-wage jobs stimulate growth for surrounding metro areas and lower- income residents which mattered to us because we were investing in workforce housing outside of the downturn, urban core.At 12.8% growth, Denver had the 3rd fastest growing population of young adults (18-34) in the country between 2010-2015 -- over 8 points above the national average(Brookings)The number of college-educated 25-34-year-olds in Denver increased from 163,000 in 2000 to 240,000 in 2012, a 46.6% increase (source: The Young and Restless and the Nation’s Cities).Out of the 51 largest metros studied, this percentage increase trailed only Houston, San Antonio, Oklahoma City, Nashville, Salt Lake Vity, and Las Vegas over the same period.Out of the top 15 metros with the largest populations of college-educated 25-34-year-olds,Denver’s growth rate was second behind only Houston at 49.8% — 17.5% above the national averageWith 240,000 college-educated 25-34-year-olds, Denver ranks 11th out of the top 51 largest Metros for total population.Denver has 4 of the top 20 zip codes with the Highest Increase in Millennial Populations in the US (source: Rent Cafe)I hope this helps shed some light on the impressive growth that Denver, and cities with similar fundamentals, have experienced in recent years.

Analyzing deals is one of the fundaments of real estate investing so its good you're already practicing and posting your report here for those with more experience to review and provide feedback.With regards to the deal, I wouldn't do it.   2% for each expense is way too low, it almost seems you're pushing really hard make the deal work for you.

🇨🇦The first step would be to learn your market and educate yourself on the fundamentals of the business.

But learn the fundamentals and prove to yourself what you think about it, don't take word from someone from the internet :)

@Gregory Greene I went through this exercise a few years ago and decided against Vegas because of inferior economic fundamentals.

I just stick with the fundamentals and find that people need good homes to rent almost anywhere.