Your law sound similar to mn state law.

newbie here too. just wished to introduce myself. formerly from washington, dc, i'm just getting started in the staging arena in california and i'm looking to make some connections as well. thanks and sincerely, sydney

My father owns a construction company in my hometown, so I have spent my fair share of summers swinging hammers and digging holes.I am employed as a full time engineer and I am looking towards real estate to supplement my income and build a more stable future for my fiancé and myself in this exciting stages of our lives. 

You say they were dealt with, but it sounds like they were poisoned and then trapped in the attic, guaranteeing this situation.

Are they looking for multifamily or commercial (sounds like retail if they are looking at malls)?

@Duriel Taylor, that does sound like a good put together plan.

I would say it sounds like a bad idea, but I'll qualify that. 

Sounds like the BRRRR strategy......I think

honestly, your questions indicate you are NOT ready yet. you gotta read more. there are some really basic things you are not getting. also, it sounds like you don't have much money.flipping is...hard. even when property values aren't so massively appreciated like they are now. so much has to go right. you need to know your market very intimately, know your costs to a tee, and have plenty of time to coordinate trades.when people like yourself show interest in flipping in this area, it makes me worried that we are in a bubble....only difference from last time is that you very likely can't GET financing now.

@Pat Bell  Sounds great man!