I've helped self-managing investors find good property management after disastrous DIY experiences, and I've helped investors with terrible property management find qualified and reputable companies.

Then, at death, the property’s basis resets, effectively erasing the accumulated depreciation.

Property Management: Are you planning to self-manage or hire a property manager?

It counteracts human nature, which is laziness, greediness, self-centeredness.

When I was self managing, I turned over units in days rather than weeks/months and had reasonable contractors. 

I do see lots of self storage and warehouses going up, so my default assumption would be that the old shopping malls do NOT trade for less than build cost, but it's possible that the marketplace is not perfectly efficient. 

I haven't seen any statistics to this effect and I don't think any has necessarily been compiled but I bet I wouldn't exaggerate if I state that 95% of the value of real estate in Southern Spain or at least the province of Andalucia is in the Costa del Sol.

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?

Had an issue with trying to self-permit a build a few years back that was an HPR but had an "A" and "B" designation.

Even then its often more cost effective to work more with what you have.