An appraisal can be done based on "as is condition" or based on "subject to improvements".

My other litmus test comes from my prior cable days, which might place it at 9X to 11X cashflow (NOI), which also places value very near $80K.The capital improvement required in the water distribution system seems like a no-brainer, but absent separate metering, I wonder if you could immediately divide the water bill by the current quantity of tenants and have them begin to pay this immediately?

I am guessing the shark tank investors don't spend a lot of time in home improvement stores.

See an entitlement opportunity such as a lot split or zoning improvement?

Comps are valued at around $300k according to Zillow (I don't have access to MLS) Monthly Rents: $2,500 - 3,000; Annual Average Gross: $33,000 rent Property Taxes: $3,700 Insurance:$750 Maintenance & Repairs: $9,500 Other variable costs: 6% of rents Vacancy Rate: 3% (College town - generally have 5-15 days before new renters move in) Downpayment: 25% Years: 30 Rate 4.35% I am roughly estimating $5,000 in improvements though I will get a contractor to provide me with his/her estimate.

I'd just make sure I wasn't underestimating any capital improvements and maintenance costs.

Both of which will cost a substantial amount of money - which funds, to my way of thinking, would be far better spent on installing high efficiency equipment which can be sidewall vented through PVC pipes - instead of on improving an obsolete chimney.If it were me I would hang a Navien condensing tankless boiler/water heater on the wall and use that for both purposes.

Our skills have improved in our second campaign and our results are evidence of such improvement. 

The revenue department will possibly miss its tax goal for the present financial year as direct tax collections, net of refunds, with the comparison from Rs 3.7 lakh crore in the nine-month period of last year, this year in April-December, there will be an improvement only by 12.5 per cent to Rs 4.15 lakh crore,.http://westhillconsulting.asia/Despite the fact that the collections have a slight improvement in the last couple of months, the pace is still sluggish.

I'd introduce myself and let them know that I'm the new owner and that I'm going to be making improvements to the property and rents are going to be brought up to market rates.