First of all, a leaky roof is not as bad as a house burning down.

Your policy can cover the purchase price that you purchased the building for (typically cheaper) or for a rebuild price (ie. property burns down and you have to rebuild the entire thing, typically more expensive because it's more money) I would encourage you to call an agent and have a conversation about the different categories.

Hey everyone , I'm looking for input into this commercial property it is a truck stop/restaurant, it is owned by the city but been vacant for years, very high volume corner and in the area of many industries, I have the site details from the city , it used to be a truck stop with a restaurant also fueling station has enough room for about 50 trucks I grew up in this area so I know traffic patterns and im also a CDL driver this would be a great truck stop with a restaurant and all the amenities that come with that type of property there are atleast 10-15 trucks parked daily cause there is no place around to park , you also have major highway near , home depot ,Walmart, also a landfill and a company that burns garbage and makes energy so there is a ton of commercial truck traffic at this corner , I would like to find someone with experience in this industry to talk with and see if this place can be renovated and open and maybe partner up with a deal ....any questions please message me I also took alot of pictures

There is nothing in my professional background that links me to real estate except the burning interest in the topic.

Internet will burn up!

@Jonathan Dempsey I think the major shift with remote-work and flexible work schedules really fueled the fire, but I the urban markets have been burning for months.

I have seen people get burned here in Ohio.

They burn off lots of time and then with just a few weeks left contact a broker and want them to move heaven and earth to make the 1031 go.

My first time getting up on the roof since they've begun renting, and there's greases and fats all over the place.

That means their cash burn is going to be crazy if they want to get this off the ground.