Drive by BPO on a renovated home, how to determine as is value

[Sam Tright]

I'm rehabbing a home that I plan to sell on owner finance. Of 5 note investors I've spoken to, 3 use drive by BPOs to determine As-Is value on the house (One has some internal process, and the final one wants an appraisal).

I don't believe my improvements will be captured by a drive by BPO. This is an issue because I invest in Saint Louis where a "rental property" may sell for 50k if imperfect in places, 85k rent ready, or $100-115k as a full rehab with updates all around.

1. Is my concern above valid if I'm trying to maximize value on the note sale?

2. Would supplying before and after pics help support a higher As Is value than the driveby BPO alone or is this a longshot?