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.

At this point that request for mentorship will be meaningful when you engage mutual self-interest.

@Pat Bell  Sounds great man! 

If that was said in the first person, you'd probably think Matt Rothwell was boasting, but in the third person, it sounds extremely credible.  

It sounds like you have a good background for a successful REI career.