Right now in California just to keep up with housing demand from buyers we need to build a minimum 100,000 houses a year.

you need at least 3 of them that are interested and able to close on properties in that area if you intend on wholesaling it. as for fixing and flipping, the neighborhood must be in demand in order for it to flip within a reasonable time frame. the neighborhood has to be very marketable. 

Insurance companies keep a national database on homes and individuals regarding their claims.

Rental demand & tenant quality are incredibly strong.

@Margaret Buoncora,  If these are sold individually then each one of them constitutes a separate 1031 exchange with it's own unique timelines and reinvestment criteria. 

Strong upward price demand.

Less security and harder terms for your buyer from a lender when you sell.The real test on the strip center is the quality of the location and demand for a spot.

If they insist on sending individual rent payments, we charge an administrative fee to cover the extra bookkeeping effort and bank charges.

@Terry Lao if bad management continues, it will keep hindering potential buyers’ options for financing, therefore, keeping the market value of those units down as they aren’t “marketable” Only options for a potential buyer are private mortgage and/or pay higher rate.I had this scenario myself where I owned individual condos in buildings governed by associations.

Is there demand to purchase the lot and develop as a private parking lot, with the option to rent space/access to the  tenant/owner (gov't)?