Virtually meaningless.Unless the local tax authority has a better methodology that most of keeping their assessments in step with actual market value there could be a huge gap between the market value of a property and the amount the local municipality wanted to earn from that property.

Honestly I haven't had the time to read through this yet, but CoreLogic usually puts out some thought provoking stuff with good data and methodology behind their research.The following link provides a summary of their Q1 2013 Renter Applicant Risk Index Reporthttp://www.sacbee.com/2013/07/18/5575564/corelogic-releases-first-quarter.html

Consult your attorney for legality of actions that fit your investment methodology.

I have done a bit of reading so I am familiar with a lot of the terminology and methodology of investing. 

@Christopher SparacinoEven though I’m licensed in a couple states I have purchased property in other states where I am not licensed and I used the same methodologies to get values.

Is anyone using a similar valuation model for real estate portfolios that are cash-flowing or are all of these straight real estate transactions based upon residential valuation methodologies?

Sharing methodology and what others have found beneficial in this market.

The building is full service with CAM recapture based on a base year methodology. 

And right now, I'm doing a real estate agent course, not because I want to be an agent, but basically to have a methodological way to learn.

Thanks for all your patience and involvement, hopefully this can provide more insight to my methodologies. ...And if you're reading this and haven't joined in yet, please share your insight!