Any thoughts on where/how to estimate improvement costs such as roads/sidewalks, utilities, electrical/lighting, CAM, etc?  

Also, tenants don't really care about efficiency, if their CAM is $800 vs 1,800 their base rental is still going to be $3k or 5k a month.

@Cam Jimmy and @Erik Swanson and @Derek Kockler- I would be willing to host a bigger-pockets specific meet-up informally via zoom.

I'm glad @Cam Chan started this thread, because I was about to start one.

In regards to inspection, you should take a 2nd party with you for the inspection, if you don't have a second party then use a body cam, if you don't have or don't want to get a body cam, then set your phone on record - extremely important for Tenants that may claim items have gone 'missing' or which claim they were promised items during your inspection.

You could have a high cap rate going in but above market rates and regardless of what the options say for renewal the tenants come in to re-negotiate or leave the center causing a CAP rate drop value and a reduction in income.You have to know other centers in the area and how they are positioned,what their CAM rate average above base rent, etc.

Have to look at CAM caps and controllable versus non-controllable expenses and if the CAM caps are cumulative or non-cumulative in nature.Lot's of things to go through.

Purchase price: $6,000 Cash invested: $20,000 Sale price: $156,000 Bought a 2 bedroom co-op under a hud program that was in motion at the time and cam out of pocket $6000 for the purchase.Sold it for $156K What made you interested in investing in this type of deal?

Purchase price: $6,000 Cash invested: $20,000 Sale price: $156,000Bought a 2 bedroom co-op under a hud program that was in motion at the time and cam out of pocket $6000 for the purchase.Sold it for $156KWhat made you interested in investing in this type of deal?

Cam