I bought this puppy for $17.5K from a wholesaler, appraised for $29K  I have a mortgage on it for 19K -$106 per month.  

That's the short and sweet of it.

Commercial real estate is usually a leading indicator and there are some troubling signs statistically, and many malls are melting down now.The most important takeaway though is that yeah we may be in a bubble, but if you find a sweet deal and you're not forced to sell it, even if it rents for a tiny bit less during a downturn, who cares?

Pretty sweet deal if you ask me.

I daily drive pretty sweet cars this way and don't lose money on them..

Till you reach the "financial freedom" meme I wouldn't dare touch a car above $12-15k, and really I'd say it's better to stay under that unless you're buying a double-back seated minivan or SUV because you have tons of kids, in which case I'd bump the limit up a little as the sweet-spot for those cars is about 12-14k verses cars/trucks being more around 8k in my experience.

@Ryan PozziHaven’t read the responses, but I’ll just give you a short and sweet answer.

Sweet deal.

But at the same time, we don’t have a construction team and systems in place so what may look like a mediocre deal to us or a wholesaler could be a sweet one to the pro.

There's a sweet spot between over-leveraged and all cash.