It took me ten years and dozens of deals to syndicate my first investment with investor money--and even then all my investors were co-workers that invested because they knew me and had seen what I was doing.  

They don't understand how to price effectively, study the market, set boundaries with tenants, establish policies and procedures, communicate, and dozens of other things.

I use to tear down dozens of homes here and in Franklinton that almost blew over. not a lot in linden since they are built after 1945 and without all the major issues. 

I'm tempted to do what many have said which is to just use a debit card, but I get 2% back on a CC, which is not insignificant when managing dozens of vendors, and I really hate to change a process that's working because the software I chose is lacking a basic feature.  

Not sure if you can file a complaint and ask for this to be re-assessed.   

@Gregory SchwartzThe answer starts with an honest self examination and assessment. 

Given it's location not far from the ports of Richmond and Oakland, and that the Chevron oil refinery is nearby as well, some of that is likely be driving the highest and best use assessment. chris in the deep south they turn the anchor store into a big church..  

Hre are the key things to knowWhat you are bidding on - often oddball properties that are hard to identify and have little value are auctioned offThe true as is value of the property, The tax assessment can be way higher or way lower than the true as is valueThe local laws and how they affet your total costs and returns

I manage around 400 rentals and probably terminate a couple dozen every year for lease violations.

However, the local Buy and hold RE market, like most areas in the country, is more challenging than most of the last dozen years.