Our knowledge of the zoning, water rights, easements, etc of land in the area was invaluable.

I'm worried about how much penalty I'll have for using my insurance.Or, do I save on monthly premium and hold a high deductible, and pay for a new roof out of pocket once it fails? 

AirDNA just released an article on this that I'd highly reccomend reading.

If you're looking for a real estate book, I highly recommend "Estimating Rehab Costs" by J.

It also had water drainage issues and no landscaping.

Put the pressure on the tenant to pay any advisory or broker fees to their own broker

If they are a high producing broker, they should be able to provide you with an abundance of insights related to that market.

Or maybe rates stay high and he starts feeling the squeeze with his investors if/when he has to refi at 6% or sell at a price I would have paid today.Back to Bjorn's point, keep reviewing and underwriting deals.  

I highly recommend starting by tuning in to the BiggerPockets podcast.

Additionally, the retail sector continues to reel under the pressure of an accelerated shift to online shopping, further exacerbated by the economic repercussions of global challenges.Moreover, the financing landscape has tightened, with rising interest rates putting additional pressure on property owners struggling to meet their financial obligations.