Old malls have been croaking for awhile but if location is good can easily be re-engineered for tenant mix or torn down and something else built in it's place.These days I focus on and my clients internet resistant tenants for mixes of a center.  

@Nathan Click I have a good idea how much I need to raise although I haven't visited with a commercial lender yet to see weather or not I need 20, 25 or 30%.

I know I had clients that were such.Three  weather is some of the finest in the worldso when you take supply side   HUGE wages and marry those you has escalation in prices..Now I grew up in Cupertino my parents paid 32k for their home in 1969... you probably paid the same amount or there abouts for the same type of home all over america... well today its north of 2 million.. that same home in most other parts of America is no where near that.. some other high priced markets it might hit 1 million for 2,400 sq ft 3 and 2 on 6k sq ft lot.. in other parts of America it might only sell for 50 bucks a foot.So growing up when they hit 100k we thought NO WAY NO how could they go any higher  LOL.when you talk other parts of the country the same demographics , geographics and job situation just is not the same.then you throw in all the Asian buyers, all the Buyers from India  and those folks Cherish real estate like no others.

The weather is mild  but you still have a change of seasons.  

I think as you research markets the rub you will find will be this ... all the great places to live, with high paying jobs, great weather, cool vibes, large and growing populations, etc. are going to be more expensive and not have high cash flow.

If your future plans include 'wholesaling' in OH, the path of least resistance is to get a broker's license.

Just finding termites is a definite reason to renegotiate, weather that is for them to treat and guarantee, or give you a price reduction is up to you and the seller .

Term depends on the local area, and how long it takes to get through the process for permits, building (are there months where you can't build due to weather, etc.?)

My theory is that Most people know how uncomfortable garages get in this Texas weather and it turns people off.

Note edge of pet taxi for continuity between images.As an aside, both SECs are severely weathered and need to be replaced, from the panels to the utility pole.