Adjust cost basis - Is the purchase price, plus capital improvements, minus depreciation. 

It will definitely be helpful.There are plenty of stuff that other major platform needs improvement on so if you can tackle those, it would be a game changer.

We specialize in working with REO, real estate agents & brokers, institutional & private investors, and homeowners, offering solutions that meet the unique needs of each project.At Nuovo, our core values are at the heart of everything we do:Vulnerability: We maintain open lines of communication, ensuring transparency throughout every project.Integrity: We approach every task with honesty and a commitment to doing the right thing.Innovation: We constantly seek new ways to improve processes and outcomes.Adaptability: We embrace change and are always ready to adjust to meet client needs.We believe in creating a fun, open, and trusting environment, both within our team and in our client relationships.

Joe can answer this other that funding a few land flippers in Texas the last few years I have not done any deals on improved properties..

Not real property so they will base it on the land and improvements.

There's no one (theoretically) living on the parcel--no improvements that would allow someone to make the parcel their residence.

Here are some examples of those methods below: Rely on the county tax assessor’s allocation: A taxpayer can review their county tax assessor’s property allocation, which usually provides an assessment of land and improvements based on the county’s guidelines.

I agree with @Brandon Rizzo I think the supply will normalize as the migration to Texas has not slowed down and as builders make correction to a more balanced supply and demand (along with interest rate improvement) housing market will be better.

Trying to improve my knowledge in finding a sweet spots for my investment.

Are there ways to add value through renovations, additions, improved management?