The location hasn't had a lot of demand which has made it challenging for him to find an end buyer. 

I have decided on a value that each LLC has before starting the next LLC and some of this depends on the location. 

I highly recommend an attorney to draw one up as each state and each property can have unique issues. 

I heard that one of the new laws that went into effect 1/1/25 in CA requires landlords give tenants photos of any areas/issues that were a cause for security deposit deductions.Thanks in advance for any input !

There would potentially be some weight issues with the 2nd+ floors of some shopping malls, depending on what the potential tenant wants to store in the upstairs unit. 

@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

As Stuart mentioned, there are several issues that might arise with the property, which could definitely impact your cash flow. 

To help avoid a lot of these issues I would think about buying a "Modular" or use a "Tiny Home" vendor who offer these in many states.

i fyour getting paid off when the vertical loan goes on.. then your in first position . so not sure what the issue is? 

I'd love to connect in a few months' time (or before if preferred) to possibly locate a property in your area and start my REI journey around October this year.